With €30 million in funding, Vilnius-based nexos.ai sets its sights on AI adoption and the ‘Shadow AI’ challenge
Vilnius-based AI platform nexos.ai has secured €30 million in Series A funding to address challenges in enterprise AI adoption. The platform aims to remove obstacles such as security, governance, and cost control, helping companies to more quickly benefit from AI applications. This investment signals growing confidence in solutions that enable secure and scalable AI adoption within large organizations, a key area of focus for European tech development. The funding round was co-led by Evantic Capital, the debut fund of former Sequoia Capital partner Matt Miller, and existing investor Index Ventures. Other investors include Creandum, Dig Ventures, and several angel investors. nexos.ai was founded in 2024 by the creators of cybersecurity unicorn Nord Security. The nexos.ai platform is designed to provide secure, web-based AI workspaces for employees and an AI gateway for developers. This approach enables companies to replace fragmented AI tools. The platform is intended to address critical barriers to enterprise AI adoption, including insecure deployments, uncontrolled costs, lack of visibility, and failed governance. This investment aligns with a broader trend of European investment in AI-focused platforms. Other startups, such as Synthesized, Light, EvoluteIQ, and Conduct, have also recently secured significant funding to advance their AI-driven solutions. This funding reflects the increasing importance of secure and compliant AI solutions in the European market.
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