According to The Block, proprietary trading platform Hypernova raised $3 million in pre-seed funding Thursday, with Lemniscap leading the round and participation from Very Early Ventures, CMS Holdings, and Pivot Global, Hypernova CEO Anar Bayramov said. Angel investors from the Hyperliquid ecosystem, including co-founders of HypurrCollective and Native Markets, also participated.
Hypernova, which launched its closed alpha on May 1, has onboarded 250 traders, funded more than 20, and paid out over $30,000 to date. The startup plans to publicly launch its platform within two months. Of the $3 million raise, $1 million will support trader payouts while the remaining $2 million will fund team expansion and platform preparation.