TechFlow News: Privasea, a DEPIN+AI project, has completed a $5 million seed round led by Binance Labs, MH Ventures, K300, Gate Labs, 1NVST, Zephyrus Capital, and other institutions.
According to reports, Privasea integrates FHEML into its decentralized computing power crowdfunding network and combines it with its self-developed Depin mining devices to build an FHE computing network compatible with all L1 and L2 blockchains.
The funds raised in this round will be used to support the development of the FHEML network and promote the world's first anti-Sybil Dapp utilizing FHE technology.
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