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The AI + DePIN project Privasea has completed its Series A financing with a valuation of $180 million, with participation from GSR and others

Jan 10, 2025 20:04:53

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ChainCatcher news, according to official sources, the AI + DePIN project Privasea has completed Series A financing with a valuation of $180 million, raising a total of $15 million over three rounds. Investors include GSR, Amber, and Echo, with early-stage investment firms such as Binance Labs, OKX Ventures, Nomura's Laser Digital, and Gate Labs.
It is reported that Privasea launched the DeepSea testnet Beta on January 6. This financing will be used to accelerate the deployment of the mainnet DeepSea and the development of related intelligent agents, promoting the development of human-computer interaction and intelligent agent interaction.

According to the Web3 asset data platform RootData, Privasea is an AI + DePIN project focused on building decentralized privacy computing infrastructure. The company's mission is to provide efficient, user-friendly fully homomorphic encryption (FHE) solutions tailored for web2 and web3 environments, with a focus on machine learning (ML) applications.

The AI + DePIN project Privasea has completed its Series A financing with a valuation of $180 million, with participation from GSR and others

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