AI proxy security tool V12 completes $10 million seed round financing, led by Electric Capital

AI proxy security tool V12 has completed a seed round financing of $10 million, led by Electric Capital with participation from ZachXBT, Samczsun, Walden Yan, and others. V12 independently discovered a major vulnerability in a major blockchain, involving over $100 million in funding risk, and the team received a $2.5 million vulnerability bounty. The goal of V12 is to build an AI system that can identify all vulnerabilities in the system, focusing on white box code auditing.