Major Funding Boost for European AI Infrastructure
Vilnius-based nexos.ai has successfully closed a substantial €30 million Series A funding round to accelerate its mission of removing critical barriers to enterprise AI adoption. The all-in-one AI platform, founded by the creators of cybersecurity unicorn Nord Security, aims to address what CEO Tomas Okmanas describes as “the biggest data leak in corporate history” happening through unmanaged AI usage within organizations.
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Investor Confidence in Secure AI Infrastructure
The funding round was co-led by Evantic Capital, the debut fund from former Sequoia Capital partner Matt Miller, alongside existing investor Index Ventures. The participation of previous investors Creandum, Dig Ventures, and notable angel investors underscores the growing market recognition of the urgent need for secure AI infrastructure solutions.
Matt Miller of Evantic Capital emphasized the strategic importance of this investment, stating: “Tomas Okmanas is a force of nature in the European tech scene having built several successful companies including Nord Security. It is a thrill for us to partner with him and his team on their latest endeavor to provide compliance and secure access to AI services to the enterprise and mid-market.”
The Four Critical Barriers to Enterprise AI Adoption
According to Okmanas, enterprises face four fundamental challenges when implementing AI:
- Fragmented and insecure deployments across multiple platforms
- Uncontrolled costs from unmanaged AI tool usage
- Zero visibility into AI utilization and data flows
- Failed governance blocking scalable implementation
Okmanas warns that companies have a limited window to address these issues: “Enterprises have between 12-24 months to architect proper AI infrastructure or face existential competitive disadvantage.”
Comprehensive Platform Solution
nexos.ai addresses these challenges through a dual-platform approach:, according to related coverage
AI Workspace provides employees with a unified interface to chat with multiple large language models while maintaining security through customizable guardrails and role-based access controls. The platform enables teams to compare models side-by-side, work with various file formats, and collaborate on AI projects with built-in web search capabilities—all while preventing data leaks through detailed logging and trace visibility.
AI Gateway offers developers plug-and-play API access to orchestrate over 200 AI models through a single endpoint. The gateway includes intelligent caching to reduce costs and improve latency, Retrieval-Augmented Generation (RAG) capabilities to ground responses in company documents, and smart fallbacks with load balancing to ensure uninterrupted workflows.
European AI Ecosystem Context
The funding aligns with growing investor interest in enterprise AI infrastructure across Europe. Recent notable investments include:
- UK-based Synthesized (€17 million Series A for AI-driven test-data management)
- Denmark’s Light (€25 million Series A for AI-native financial platforms)
- Sweden’s EvoluteIQ (€44 million growth round for agentic-AI process automation)
- UK’s Conduct (€11.2 million Seed round for modernizing enterprise IT systems)
Hannah Seal, Partner at Index Ventures, commented on nexos.ai’s rapid progress: “nexos.ai has rapidly evolved from concept to enterprise-ready platform, driven by urgent market demand to deploy AI securely and remove barriers to adoption. As enterprises move from running pilot projects to full-scale deployment, many are turning to nexos.ai to help them deliver clear ROI.”, as as previously reported
Future Expansion and Development
The €30 million investment will accelerate platform development, including advanced routing algorithms, private model deployment capabilities, and geographic expansion across Europe and North America. The company also plans to launch educational partnerships to address the growing enterprise AI skills gap, positioning itself as a comprehensive solution provider in the rapidly evolving AI infrastructure landscape.
With its experienced founding team and substantial funding, nexos.ai is well-positioned to help enterprises navigate the complex transition from experimental AI usage to secure, scalable implementation—potentially reshaping how organizations harness artificial intelligence while maintaining security and compliance standards.
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References & Further Reading
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