Quick Facts
- Drosera secured $3.25 million in new funding, bringing its total raise to $4.75 million.
- Investors include Greenfield Capital, Anagram, Arrington Capital, and Pulsar.
- The company’s “Traps” system detects and neutralizes on-chain security threats in real-time.
- Funds will be used for mainnet expansion, ecosystem growth, and additional blockchain integrations.
Ethereum security firm Drosera has raised $3.25 million in a fresh funding round, bringing its total capital raised to $4.75 million. The round was led by Greenfield Capital, with additional backing from Anagram, Paper Ventures, Arrington Capital, UDHC, and Pulsar.
Drosera specializes in real-time smart contract security, leveraging its proprietary “Traps” infrastructure—a system designed to detect, neutralize, and prevent exploits on the Ethereum network before they occur. Unlike traditional audits that focus on pre-deployment risk assessment, Drosera’s on-chain defense system provides continuous monitoring, making it an active deterrent against malicious attacks.
“With this funding secured—and the support of protocols, researchers, and operators—Drosera is ready to cement itself as Ethereum’s Immune System,” – The protocol said about the funding.
The company is also preparing for the launch of its mainnet in Q2 2025, a critical milestone that will mark the full-scale deployment of its security infrastructure across Ethereum and beyond.
Drosera’s Vision: Preventing Exploits Before They Happen
The Web3 security landscape has been plagued by multi-billion-dollar hacks, with billions stolen from DeFi protocols in 2024 alone. Drosera aims to address this by offering a predictive security model that continuously scans smart contract activity, identifying anomalies before they escalate into full-blown exploits.
Rather than relying solely on static audits and bug bounties, Drosera’s system integrates machine learning and behavioral analytics to detect suspicious patterns in transaction flow. This allows protocols to respond to threats dynamically, freezing or mitigating attacks before hackers can withdraw stolen funds.
In addition to its security-focused tools, the platform also provides real-time attack forensics, which enables projects to analyze exploits and patch vulnerabilities faster.
A Rising Demand for On-Chain Security Solutions
The rise of crypto adoption and asset prices has once again fueled a major surge in hacking incidents, marking 2024 as the fifth year in the past decade where over $1 billion in digital assets have been stolen. According to Chainalysis reports, $2.2 billion was lost to exploits in 2024 alone—a 21.07% increase year-over-year (YoY) compared to 2023. The number of hacking incidents also climbed from 282 in 2023 to 303 in 2024, reinforcing concerns that as the crypto market grows, so do the opportunities for bad actors.
With crypto exploits reaching new highs, security remains one of the most critical issues for DeFi developers, investors, and users. Drosera aims to address these risks by expanding beyond Ethereum, with plans to integrate its Traps infrastructure into other blockchains and scaling solutions.
The company’s goal is to ensure that on-chain security becomes a foundational layer in DeFi infrastructure, rather than a reactive afterthought.
