Major Funding for European AI Infrastructure
Vilnius-based nexos.ai has successfully closed a €30 million Series A funding round to accelerate its mission of removing barriers to enterprise AI adoption. The all-in-one AI platform addresses critical challenges including security vulnerabilities, cost management, governance issues, and observability that often hinder organizations from effectively implementing artificial intelligence solutions., according to industry developments
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The investment was co-led by Evantic Capital, the debut fund from former Sequoia Capital partner Matt Miller, alongside existing investor Index Ventures. The round also saw participation from previous backers Creandum and Dig Ventures, along with several notable angel investors., according to market trends
The Growing Shadow AI Challenge
According to nexos.ai CEO and Co-founder Tomas Okmanas, enterprises face a significant threat that often goes unnoticed by traditional security teams. “While security teams focus on traditional cyber threats like ransomware, their own employees are carrying out the biggest data leak in corporate history right under their noses,” Okmanas stated, highlighting what the industry calls the “Shadow AI” problem – unauthorized or unmonitored AI usage within organizations.
This funding announcement comes amid growing investor interest in European AI infrastructure companies. Recent notable rounds include UK-based Synthesized’s €17 million Series A for AI-driven test-data management, Denmark’s Light securing €25 million for AI-native financial platforms, Sweden’s EvoluteIQ raising €44 million for agentic-AI process automation, and the UK’s Conduct obtaining €11.2 million in seed funding for modernizing enterprise IT systems.
Proven Leadership Behind the Platform
The company benefits from experienced leadership, with Okmanas and Co-founder Eimantas Sabaliauskas having previously bootstrapped cybersecurity unicorn Nord Security to global market leadership over 12 years. Their experience in building enterprise-grade security solutions directly informs nexos.ai’s approach to AI governance and security.
Matt Miller of Evantic Capital emphasized the team’s credentials: “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.”
Comprehensive Platform Architecture
nexos.ai addresses what Okmanas identifies as the four critical barriers to enterprise AI adoption: fragmented and insecure deployments, uncontrolled costs, zero visibility, and failed governance blocking scaling. The platform offers a dual-approach solution:, as our earlier report
- AI Workspace: A secure, web-based interface enabling employees to chat with multiple large language models in a unified environment while maintaining security through customizable guardrails and role-based access controls
- AI Gateway: Developer-focused API access that orchestrates over 200 AI models through a single endpoint, featuring intelligent caching, Retrieval-Augmented Generation capabilities, and smart fallback systems
The platform’s architecture allows companies to replace scattered AI tools with a unified control layer that provides built-in security measures, complete visibility, and flexible access controls across all leading AI models.
Market Validation and Future Plans
Hannah Seal, Partner at Index Ventures, noted the platform’s rapid evolution: “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.”
The substantial funding will accelerate platform development, including advanced routing algorithms, enhanced private model deployment capabilities, and geographic expansion across Europe and North America. The company also plans to launch educational partnerships to address the growing AI skills gap within enterprises.
Okmanas emphasized the urgency for organizations to address their AI infrastructure: “Companies follow the same journey: initial AI excitement, then they buy everything, nothing works together, costs explode, and they end up throwing most of it away. Enterprises have between 12-24 months to architect proper AI infrastructure or face existential competitive disadvantage.”
With this significant funding round and experienced leadership, nexos.ai is positioned to become a key player in helping enterprises navigate the complex landscape of AI adoption while maintaining security, compliance, and cost control.
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