ChainCatcher report: AI agent security tool V12 has announced the completion of a $10 million seed round led by Electric Capital, with participation from ZachXBT, samczsun, Walden Yan, and others. Previously, V12 autonomously discovered a critical vulnerability on a major blockchain exposing over $100 million in funds, earning the team a $2.5 million bug bounty—the largest single bounty ever awarded to an AI agent. The team states its goal is to build a “nuclear weapon of the web”—an AI system capable of finding all vulnerabilities in a system—focusing on white-box code auditing rather than black-box penetration testing, and believes the bug bounty model will become obsolete in the AI era, with the only viable solution being to eliminate vulnerabilities before code deployment. V12 identifies the crypto industry as one of its key application areas; the team previously founded blockchain security company Zellic, having conducted over 1,500 security audits and participated in multiple vulnerability research projects.
AI Security Tool V12 Completes $10M Seed Round Led by Electric Capital
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Summary
AI security tool V12 has closed a $10 million seed round led by Electric Capital, with support from ZachXBT, samczsun, and Walden Yan. The team previously uncovered a security breach in a major blockchain, exposing over $100 million in funds and earning a $2.5 million bug bounty—the largest ever awarded to an AI agent. Focused on AI and crypto news, V12 is building a white-box code audit system to detect all vulnerabilities. The team previously operated Zellic, a blockchain security firm that completed over 1,500 audits.
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