Privasea Successfully Secures $5 Million Funding to Enhance DePIN through Fully Homomorphic Encryption Machine Learning

DePIN AI Network Privasea the company has unveiled that it has completed a $5 million seed funding round, led by investors including Gate Labs, MH Ventures, K300, QB Ventures, and CryptoTimes, along with participation from additional contributors. Binance Labs With this new influx of capital, Privasea aims to strengthen its product development efforts and expand its array of users. Chainlink Privasea is on a mission to elevate the integration of Fully Homomorphic Encryption Machine Learning (FHEML) within a distributed computing framework. By merging FHE with advanced machine learning, the company is set to significantly improve security, operational efficiency, and computational workflows throughout its network. The use of Fully Homomorphic Encryption (FHE) allows for carrying out calculations on encrypted data, ensuring the confidentiality of sensitive information during processing.

has successfully acquired $5 million to innovate the DePIN landscape with FHEML technology. This accomplishment can be attributed to

Privasea asserts that the synergy between vi the decentralized management model for physical infrastructure and Privasea’s AI capabilities, combined with its data handling methodologies, paves the way for a transformative approach to infrastructure governance.

Privasea Leads the Charge in Privacy-Centric Computing Technologies vi Founded in 2022, Privasea specializes in developing comprehensive privacy computing solutions designed to safeguard data throughout its lifecycle. The company guarantees a secure data origin, retains ownership control in the hands of data proprietors, manages access rights intelligently, provides tailored integration solutions, and ensures continuous deployment and updates, all while upholding privacy safeguards and computing integrity.

Recently, Privasea partnered with

to weave its privacy technologies into the BNB Greenfield blockchain and storage ecosystem. This collaboration aims to bolster security measures, enhance user control, and improve functionality for users of storage solutions globally.

The latest funding acquisition and Privasea’s focus on technologies that enhance security underscores its pivotal role in reshaping the landscape of the digital world. Search Fully Homomorphic Encryption Machine Learning

Please be aware that the information presented on this website is for informational purposes only and should not be construed as legal, financial, or investment advice of any kind. It's crucial to invest only what you can afford to lose and to consult with a qualified financial advisor if necessary. For further insights, we recommend reviewing the terms and conditions as well as help resources provided by the issuer or advertiser. MetaversePost strives for impartial reporting, but be aware that market conditions can fluctuate without prior notice.