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Privasea is an innovative startup operating at the forefront of the FHEML (Fully Homomorphic Encryption Machine Learning) and DePIN (Decentralized Physical Infrastructure Networks) sectors. They are…

Privasea is an innovative startup operating at the forefront of the FHEML (Fully Homomorphic Encryption Machine Learning) and DePIN (Decentralized Physical Infrastructure Networks) sectors. They are…
What they do: Build privacy-preserving AI infrastructure using Fully Homomorphic Encryption (FHE) for encrypted ML inference and human-liveness attestation.
Key products: DeepSea AI Network (DePIN-style encrypted ML inference network) and FheID / ImHuman (Proof-of-Human liveness attestation).
Founding & base: Founded in 2022; legal name Privasea AB; based in Gothenburg, Sweden.
Funding signal: Disclosed funding of $20M total (announced $5M then a $15M Series A milestone at a reported $180M valuation).
Encrypted machine learning inference, data privacy/security for AI, decentralized infrastructure for confidential computation, and biometric liveness verification (Proof-of-Human).
2022
AI / Data privacy / Decentralized infrastructure (DePIN)
5000000
Company announcement listed participating investors including Binance Labs, Gate Labs, MH Ventures, K300, and QB Ventures; Crunchbase seed profile lists YZi Labs as lead investor.
15000000
Company announcement described a $15M Series A milestone at a reported $180M valuation; Crunchbase and Dealroom list additional participating investors such as OKX Ventures, Laser Digital, Gate, and Binance.
“Participation from crypto/Web3‑focused and digital-asset investors (examples: Binance Labs, OKX Ventures, Gate/Gate Labs, Amber Group, GSR, YZi Labs) alongside other strategic/backing firms.”
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