Sherlock aims to protect DeFi users from smart contract exploits

A decentralized finance (DeFi) protocol called Sherlock has landed a round of funding for a project that aims to protect users from the growing trend of exploits and hacks. The pre-seed round, which raised $ 1.5 million, was led by IDEO CoLab Ventures, with participation from A.Capital, Scalar Capital and DeFi Alliance. Also joining the investments were a number of angel investors from the main DeFi protocol.