ConfidentialMind, a Finnish GenAI software startup based in Espoo, raised EUR 1.5 million (~USD 1.6 million) in a pre-seed funding round led by Failup Ventures. Angel CoFund and angel investors, including Ilkka Hiidenheimo, Jonathan Scudder, and others, participated in the round.
The funds will be utilized to expand the company's sales, marketing, and engineering teams as it targets major European markets.
ConfidentialMind is developing a GenAI platform for on-premises and private cloud environments, offering a Kubernetes-based tool that facilitates the integration of GenAI applications into business workflows and enables deployment on various cloud services or on-premises hardware.
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