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Privasea AI develops privacy-focused computing tools for encrypted machine learning and data exchange.
Founded in 2022 and based in Gothenburg, Privasea AI develops privacy computing technology for data exchange and machine learning. Its testnet combines fully homomorphic encryption with blockchain incentives to support encrypted AI inference and collaboration. In January 2025, it raised USD 15 million in Series A funding from Amber, Echo, and GSR Capital, with participation from Binance Labs, Laser Venture Capital, Gate Labs, Inc., and OKX Ventures.
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