A: Hey, Katsu-chan! Did you hear the news about that new startup?
B: No, what's going on?

A: So, this Lithuanian duo just raised €30 million for their company called Nexos.ai. They aim to help companies safely adopt AI tools without worrying about security risks or data leaks.

B: Wow, that sounds important! How do they plan to do it?

A: Well, the idea is to act as a middleman between employees and AI systems. By doing this, they keep sensitive information under control while still allowing companies to enjoy productivity gains from AI tools.

B: That makes sense... but why are so many investors interested in them?

A: Good question! It turns out the founders have a lot of experience, especially with cybersecurity. They even bootstrapped their previous business, Nord, which is worth $3 billion!

B: That's impressive! And who's backing this new startup now?

A: Well, Index Ventures and Evantic Capital co-led the round at a valuation of €300 million. They also have support from previous backers Creandum and Dig Ventures, along with angel investors like the CEOs of Datadog, Klarna, Supercell, and Wix.

B: Wow, it seems like everyone wants a piece of this startup! What's next for Nexos.ai?

A: They plan to use their funding to accelerate support for private models that handle sensitive data. Also, they are focusing on tech-savvy companies and those in regulated industries that are concerned about AI governance and sending sensitive data abroad.

B: That's interesting! I can see why it could be a big deal for certain companies. Any plans to expand?

A: Yes, they plan to grow their team to 100 people and expand across Europe and North America by their first anniversary. They also hope to tap into public institutions in Europe, opening up a new market beyond enterprise focus.

B: Sounds like this Nexos.ai is going places! I'll definitely keep an eye on them. Thanks for sharing the news!

A: No problem, Katsu-chan! It's always good to stay informed about exciting things happening in tech. Let's catch up again soon!