According to Foresight News and CoinDesk, Privasea, a DePIN+AI project invested by Binance Labs in the early stage, announced the completion of a new round of strategic financing, with participation from OKX Ventures, Laser Digtal controlled by Nomura Group, and Tanelabs, an incubator invested by SoftBank. Currently, the project has received two rounds of strategic financing, including a total of US$5 million in pre-seed/seed rounds of financing.
The artificial intelligence-driven FHEML solution built by Privasea has attracted much attention in the AI and DePIN fields as well as the encryption market. By establishing a decentralized computing network, it provides scalable computing resources for AI tasks, effectively reducing the risks of centralized data processing.