Ex-NordVPN founders’ Nexos.ai raises €30M to build a “Switzerland for LLMs” — TFN

Based in late 2024 by Lithuanian entrepreneur duo Tomas Okmanas and Eimantas Sabaliauskas, Nexos.ai has quickly emerged as a European rising star in enterprise AI infrastructure. The founders, who beforehand constructed the $3 billion cybersecurity big Nord Safety behind NordVPN, have closed a €30 million Collection A funding spherical led by Index Ventures and Evantic Capital, with assist from Creandum and DIG Ventures, at a €300 million valuation. 

Their startup tackles a urgent drawback: enterprises struggling to undertake AI securely with out risking information leaks as staff add delicate info to massive language fashions (LLMs).

Nexos.ai’s mission is to turn into a “Switzerland for LLMs,” performing as a impartial middleman that balances productiveness positive aspects with enterprise-grade governance and information management. This ethos is rooted in Okmanas and Sabaliauskas’s deep expertise constructing Tesonet, a portfolio of tech ventures the place AI-driven effectivity positive aspects have already been demonstrated, like Hostinger’s €10 million financial savings from AI-assisted assist.

The expertise itself centres on two merchandise: an AI Workspace for workers and an AI Gateway for builders. The Gateway unifies entry and oversight of over 200 AI fashions, spanning main suppliers equivalent to OpenAI, Google, Anthropic, and Meta, whereas providing a single safety, compliance, and price administration management layer. 

This multifaceted orchestration functionality distinctly positions Nexos.ai in opposition to rivals like UiPath, Kore.ai, Botpress, and IBM WatsonX Orchestrate, who focus extra narrowly on automation or AI instruments somewhat than end-to-end enterprise AI governance.

With its new capital, Nexos.ai plans to scale its staff to round 100 staff and speed up growth throughout Europe and North America, significantly concentrating on regulated sectors and public establishments involved about information sovereignty. 

The corporate is conducting 50 to 60 demos weekly with tech-savvy corporations already utilizing AI each day, aiming to assist extra enterprises overcome the “homework” their boardrooms face when defining AI technique.