![ConfidentialMind Secures €1.5 Million to Pave the Way for On-Premises Generative AI](https://thetimesmag.com/wp-content/uploads/2024/06/Markku-Rasanen-CEO-of-ConfidentialMind.jpg)
ConfidentialMind Secures €1.5 Million to Pave the Way for On-Premises Generative AI
In a significant stride towards advancing enterprise and government applications of generative AI, Espoo-based startup ConfidentialMind has raised €1.5 million in a pre-seed funding round. This investment, spearheaded by Failup Ventures and complemented by participation from Angel CoFund and notable angel investors, marks a pivotal moment for the company founded just a year ago. Founded…