Share this article
AI-Backed Web3 Security Firm Olympix Raises $4.3M
Boldstart Ventures led the round for the startup, which helps developers avoid vulnerabilities in smart contract code.
By Brandy Betz
Updated Jul 11, 2023, 4:30 p.m. Published Jul 11, 2023, 4:30 p.m.
Olympix, a startup that aims to bring scalable security to Web3, has announced the recent close of a $4.3 million seed funding round that was led by Boldstart Ventures. Other participants included Robot Ventures and Shrug Capital, among others. The investment marks the latest in a growing trend of venture capitalists backing artificial intelligence-backed crypto companies.
Founded in June 2022, Olympix puts security tools in the hands of developers who are just starting to build projects to minimize the risks of smart contract vulnerabilities that can cost time and money to go back and fix. Olympix utilizes AI to scan the code as a developer types, making security suggestions that can be solved with one click.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Olympix founder Channi Greenwall previously led a product team at security ratings provider SecurityScorecard that was focused on endpoint security. She had also served as a security engineer on JPMorgan’s cyber defense team.
“Out of the many wins Olympix has had over the past year, I’m most proud of the results of our static analyzer private alpha,” wrote Greenwall in the announcement post. “With 30+ companies participating, including Blockdaemon, Rysk Finance, and Arrakis Finance, we’ve become a trusted part of the developer workflow not just to find and fix vulnerabilities, but help the developer become more sophisticated through real-time micro-teaching moments. Most notably, our private alpha has helped developers secure over $300 million in assets since its launch.”
Read more: Data Startup Space and Time Creates Chatbot Powered by ChatGPT for Database Querying
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets
With the acquisition, Paribu gains regulatory foothold in Bahrain and Dubai and access to the region's fast-growing crypto user base.
What to know:
- Paribu acquires Bahrain- and Dubai-based CoinMENA for up to $240 million.
- Deal marks Turkey’s biggest fintech acquisition and first international crypto M&A, the firm said.
- The move taps into the MENA region’s fast-growing crypto user base and supportive regulatory hubs.
Top Stories
