Binance Labs-backed Privasea completes new round of strategic financing, with participation from OKX Ventures and others

Privasea, which was 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 with a stake in SoftBank. At present, the project has received two rounds of strategic financing, including pre-seed/seed rounds of financing, with a total financing amount of US$5 million. The AI-driven FHEML solution built by Privasea has attracted attention from the AI ​​and Depin fields as well as the crypto market. By establishing a decentralized computing network, it provides scalable computing resources for AI tasks and reduces the risk of centralized data processing. (CoinDesk)