The burgeoning blockchain enterprise Mamori has successfully garnered $5 million in seed funding, spearheaded by Blockchain Capital.

Esteemed investors Velocity Capital and Web3.com also contributed to this funding round, alongside notable angel investors Grigore Rosu, Daniel Lubarov, Alex Watts, Bo Du, Shujia Liang, Micheal Heinrich, and Antonio Viggiano, as revealed in an official statement shared with The Block.

This infusion of capital brings Mamori’s total fundraising efforts to $5 million.

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Mamori’s mission is to enhance web3 security by engineering an innovative algorithm designed to identify vulnerabilities in blockchain-based software. This software distinguishes itself by not relying on historical exploit data; rather, it proactively anticipates potential exploits through value extraction from blockchain-based software.

This methodology, known as a machine learning-enabled value extraction system, is adept at addressing zero-day vulnerabilities, unresolved known issues, as well as challenges related to scalability and automation.

“Mamori’s tools mitigate programming errors by learning the contract specification. Semantics-based formal verification tools then validate the program’s correctness relative to the specification. Subsequently, the correctness proof is ZK-ed and published on-chain as verifiable evidence,” stated Mamori Advisor Grigore Rosu.

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