Lithuania’s top tech founders secure major Series A funding to help businesses embrace AI safely and boost productivity.
The European AI startup Nexos AI has made waves across the tech world after raising €30 million in Series A funding to accelerate secure enterprise AI adoption. Founded by Lithuania’s leading entrepreneurs, Tomas Okmanas and Eimantas Sabaliauskas — the duo behind Nord Security (creator of NordVPN) — Nexos AI aims to solve one of the biggest challenges in today’s business world: how companies can use AI without risking their data.
Just months after emerging from stealth with an $8 million seed round led by Index Ventures, the founders have now secured fresh backing from Index and Evantic Capital, valuing Nexos AI at around €300 million. Other investors include Creandum, Dig Ventures, and high-profile angels like the CEOs of Datadog, Klarna, Supercell, and Wix.
At its core, Nexos AI acts as a secure bridge between employees and AI systems, giving companies a way to use AI tools while keeping sensitive data safe. Okmanas describes it as a “Switzerland for LLMs” — a neutral, protective layer that prevents data leaks without sacrificing the productivity benefits of AI.
The company’s platform consists of two main products: an AI Workspace for employees and an AI Gateway for developers. The gateway provides security controls, cost management, and compliance oversight, helping enterprises manage up to 200 AI models through a single access point. With this funding, Nexos AI plans to expand support for private AI models, catering especially to companies in regulated industries like finance, healthcare, and government.
According to Okmanas, demand is growing fast — with the team conducting 50–60 demo calls per week. Many companies are eager but cautious, needing to assure their boards about AI safety. Nexos AI helps ease those fears by offering governance, transparency, and control — key elements for enterprise-level AI adoption.
The founders’ experience running Tesonet, a startup incubator and investor, helped them identify this AI governance gap. Nexos AI’s early customers already include Payhawk, the Bulgarian fintech unicorn, and companies within the Tesonet portfolio. The new funding will support Nexos AI’s expansion across Europe and North America as it scales its team to 100 employees.
“Many businesses want to use AI but don’t know how to do it safely,” said Okmanas. “At Hostinger, for example, AI reduced the need for human support by saving €10 million this year alone. That’s the kind of value Nexos AI can unlock for others.”
With strong backers, seasoned founders, and a growing global demand for AI security, Nexos AI is positioning itself as a leader in enterprise AI innovation — proving that Europe’s next big AI success story might just come from Lithuania.
