Decentralized privacy computing infrastructure Privasea completes Series A financing with a valuation of US$180 million, with participation from GSR and others

According to official news from ChainCatcher, the decentralized privacy computing infrastructure Privasea completed its Series A financing with a valuation of US$180 million, and has raised a total of US$15 million in three rounds. Investors include GSR, Amber and Echo, and early investors include Binance Labs, OKX Ventures, Nomura’s Laser Digital and Gate Labs.

It is reported that Privasea has released the DeepSea test network Beta on January 6. The financing will be used to accelerate the deployment of the main network DeepSea and the research and development of related intelligent agents, and promote the development of fields such as human-computer interaction and intelligent agent interaction.

According to 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 and user-friendly fully homomorphic encryption (FHE) solutions tailored for web2 and web3 environments, with a focus on machine learning (ML) applications.