AI Security Tool V12 Completes $10 Million Seed Funding

AI security tool V12 has completed a $10 million seed funding round, led by Electric Capital, with participation from ZachXBT, samczsun, Walden Yan, and others. V12 previously discovered a significant vulnerability in a major blockchain, involving a risk of over $100 million in funds, and received a $2.5 million bug bounty, the largest single bounty awarded to an AI agent. The team's goal is to build an AI system capable of identifying all vulnerabilities in a system, focusing on white-box code audits. They believe that the bug bounty system will become obsolete in the AI era, and the only solution is to eliminate vulnerabilities before the code goes live. V12 states that the cryptocurrency industry is one of its key application scenarios. The team previously established a blockchain security company, Zellic, which has completed over 1,500 security reviews and participated in multiple vulnerability research projects.

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