TestMachine, the AI-driven blockchain security company safeguarding billions in digital assets, today announced it has raised $6.5 million in venture funding to accelerate the global rollout of its flagship platform, Predator. The round was led by Blockchange Ventures, Decasonic, Delphi Ventures, and New Form Capital. The investment will accelerate the development and deployment of TestMachine’s flagship AI platform, Predator, which is now fully integrated into Coinbase’s token security and deployment process.
Other participants in the round included Baboon, UDHC, Auros Global, Generative Ventures, Contango Digital and Santiago Santos. The funding will support the further development of the Predator high-fidelity simulation capabilities.
Predator Platform Integrated into Coinbase's Security Processes
TestMachine’s groundbreaking automated security approach has been implemented and trusted by leaders across the digital asset industry. Coinbase has integrated Predator into its CEX and newly launched DEX trading feature, using TestMachine to scan millions of tokens across multiple risk factors on a daily basis. With Predator, it takes just seconds to analyze an asset for risks, faster and deeper than any manual process.
Our team evaluated publicly available tools to identify and flag ERC-20 custodiability risks… We rigorously assessed these tools over a three-stage work trial, and Predator stood out because it achieved 100% accuracy on all tokens (with no false positives or negatives), even catching human errors in our own reviews.
A Coinbase blockchain security engineer
Industry Leaders Emphasize the Need for Automated Security
As blockchain networks and decentralized finance continue to expand, the complexity and volume of transactions make it increasingly difficult to detect vulnerabilities manually. Our goal is to empower investors, developers, and exchanges with tools that proactively identify, monitor, and mitigate risks before they manifest.
Dr. Matthew J. Lewis, CEO of TestMachine
The funding will help TestMachine expand Predator across crypto exchanges, custodians, market makers and DeFi protocols. By simulating real-world attacks before they happen, the platform empowers the industry to stay ahead of threats — delivering stronger, more reliable blockchain infrastructure for the entire ecosystem.
About TestMachine
TestMachine was founded in 2021 with a core mission: to ensure the safety, transparency, and reliability of smart contracts, digital assets, and blockchain infrastructure — empowering a secure and trustworthy decentralized future. TestMachine's flagship technology, Predator, provides developers, DeFi protocols, traders, and exchanges with an AI-driven, continuous security platform that detects, mitigates, and prevents risk in real time.
TestMachine's Predator leverages AI to dynamically identify and exploit smart contract vulnerabilities. Unlike traditional code audits, it offers a complete view of blockchain assets — from economic risk to software vulnerabilities and semantic behaviors. By combining continuous testing with real-time behavioral analysis, TestMachine delivers the most proactive and adaptive layer of security in Web3.
TestMachine is currently monitoring over 1 million tokens in real time, surfacing an unprecedented volume of real-world risks. From a validation set of 11,000 tokens, the system correctly identified 100% of rug pulls, totaling over $120M in value.
Contact Information
Head of Business Development
Elaine Murtagh
TestMachine
ecm@testmachine.ai