On April 3rd, it was announced that Privasea, which was early invested by Binance Labs, has completed a new round of strategic financing with participation from OKX Ventures, Laser Digital controlled by Nomura Group, and Tanelabs, which is partially owned by SoftBank. Currently, the project has received two rounds of strategic financing, including a total of $5 million in pre-seed/seed funding. Privasea's AI-driven FHEML solution has attracted attention from the AI and Depin fields as well as the encryption market. By establishing a decentralized computing network, it provides scalable computing resources for AI tasks, which can reduce centralized data processing risks.

DePIN+AI project Privasea announced the completion of a $5 million seed round financing. Early investors include Binance Labs, MH Ventures, K300, Gate Labs, 1NVST, Zephyrus Capital, and others. It is reported that Privasea will integrate FHEML into a distributed computing crowdfunding network and combine it with its self-developed DePIN mining machine to form an FHE computing network that supports all L1 and L2. The funds from this round of financing will be used for the construction of the FHEML network and the promotion of the "Proof of Human" Dapp that adopts FHE technology.