Privasea Secures $15M to Accelerate DeepSea AI Network Launch
Privasea has announced a $15M funding milestone following its Series A round at a $180M valuation. The company is backed by GSR, Amber, and Echo, as well as previous investors such as Binance Labs, OKX Ventures, Gate Labs, and Laser Digital. This funding will accelerate the deployment of Privasea’s DeepSea AI Network, which integrates Fully Homomorphic Encryption (FHE) with machine learning to enable secure AI computations on encrypted data.
Privasea has announced a $15M funding milestone following its Series A round at a $180M valuation, backed by GSR, Amber, and Echo, alongside previous investors such as Binance Labs, OKX Ventures, Gate Labs, and Laser Digital.
This investment will drive the expansion of Privasea’s DeepSea AI Network, accelerating its mainnet deployment and the development of intelligent agent-based solutions.
Empowering Next-Gen AI Innovation
In an era where human-machine interaction and intelligent agent systems are reshaping industries, businesses need robust AI infrastructures that enhance collaboration and efficiency. This newly raised funding will support Privasea in building powerful, user-friendly AI tools to drive breakthroughs in fields such as finance, healthcare, and smart automation.
DeepSea AI Network: A Game-Changer for AI Intelligent Systems
The DeepSea testnet beta, launched on January 6, 2025, introduces essential features for early adopters:
Dashboard for Contributors: A comprehensive interface to monitor node activity, stake tokens, and manage workloads.
Node Programs: The testnet includes two key nodes: the WorkHeart Node, focused on proof-of-work contributions, and the high-performance Privanetix Node. DeepSea represents a groundbreaking approach to secure AI computations. By integrating Fully Homomorphic Encryption (FHE) with machine learning, DeepSea enables deep learning inference directly on encrypted data, ensuring confidentiality without compromising performance.
Accelerating AI-Driven Solutions for Web2 and Web3
The successful fundraising and DeepSea launch signify a critical step in Privasea’s mission to become a global leader in AI innovation. With an upcoming Genesis release on January 27th and the mainnet launch set for Q1 2025, Privasea is committed to advancing human-machine collaboration and intelligent agent ecosystems.
“We’re building the foundation for a decentralized future where privacy is a default, not an afterthought,” said Privasea’s founder and CEO. “This fundraising allows us to accelerate the development of Web2 and Web3 privacy solutions that empower both individuals and enterprises.”
Privasea invites developers, privacy advocates, and enterprises to join the DeepSea testnet beta and experience the next evolution in privacy computing. To learn more, visit Privasea's website.
