Privasea
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 building a scalable, secure, and user-centric network to redefine decentralized infrastructure. Their core mission is to provide efficient and user-friendly Fully Homomorphic Encryption (FHE) solutions tailored for both Web2 and Web3 environments, with a particular emphasis on Machine Learning (ML) use cases. Key products include the ImHuman app for Proof of Human (PoH) attestation, DeepSea for AI Network capabilities, and AI Agents powered by DeepSea and ImHuman. They aim to mitigate trust issues and risks associated with bots and AI impersonators online by enabling users to own and benefit from their digital human likeness without compromising privacy.
Privasea
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 building a scalable, secure, and user-centric network to redefine decentralized infrastructure. Their core mission is to provide efficient and user-friendly Fully Homomorphic Encryption (FHE) solutions tailored for both Web2 and Web3 environments, with a particular emphasis on Machine Learning (ML) use cases. Key products include the ImHuman app for Proof of Human (PoH) attestation, DeepSea for AI Network capabilities, and AI Agents powered by DeepSea and ImHuman. They aim to mitigate trust issues and risks associated with bots and AI impersonators online by enabling users to own and benefit from their digital human likeness without compromising privacy.
TL;DR
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).
Company Overview
Problem Domain
Encrypted machine learning inference, data privacy/security for AI, decentralized infrastructure for confidential computation, and biometric liveness verification (Proof-of-Human).
Founded
2022
Industry
AI / Data privacy / Decentralized infrastructure (DePIN)
Tech Stack
Funding Track Record
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.
Investor Signal
“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.”