Olympix, a New York-based startup focused on cybersecurity for the crypto industry, has raised $4.3 million in a seed round led by Boldstart Ventures. The company's first product helps developers identify vulnerabilities in their code.

Olympix aims to shift more responsibility to developers by providing them with software that can identify possible vulnerabilities for exploits in their code, and plans to expand its security offerings beyond the static analyzer, including growing its proprietary large language model. The company hopes to use AI for anomaly detection and reduce hacks in the crypto ecosystem.