Lithuanian AI Platform Secures €30M to Tackle Enterprise AI Integration Challenges

Lithuanian AI Platform Secures €30M to Tackle Enterprise AI - Major Funding for European AI Infrastructure Vilnius-based nex

Major Funding for European AI Infrastructure

Vilnius-based nexos.ai has successfully closed a €30 million Series A funding round to accelerate its mission of removing critical barriers to enterprise AI adoption. The all-in-one AI platform addresses what CEO Tomas Okmanas describes as the “four critical barriers” facing organizations: fragmented deployments, uncontrolled costs, lack of visibility, and governance failures that prevent scaling., according to market insights

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The substantial investment was co-led by Evantic Capital, the debut fund from former Sequoia Capital partner Matt Miller, and existing investor Index Ventures. They were joined by previous investors Creandum, Dig Ventures, and several notable angel investors, signaling strong confidence in the platform’s approach to secure AI implementation., according to industry news

The Shadow AI Challenge in Modern Enterprises

Okmanas highlighted a growing concern in corporate environments: “While security teams focus on traditional cyber threats like ransomware, their own employees are carrying out the biggest data leak in corporate history right under their noses.” This phenomenon, often called “Shadow AI,” occurs when employees use unauthorized AI tools that bypass corporate security protocols, creating significant compliance and data protection risks., as detailed analysis

The platform emerges at a critical juncture where enterprises face what Okmanas describes as a 12-24 month window to architect proper AI infrastructure or risk “existential competitive disadvantage.” Companies typically follow a predictable pattern: initial AI excitement, followed by purchasing multiple solutions that don’t integrate, exploding costs, and ultimately abandoning most investments.

Comprehensive Platform Architecture

nexos.ai addresses these challenges through a dual-approach platform combining an AI Workspace for employees and an AI Gateway for developers. The unified interface provides built-in guardrails, full visibility, and flexible access controls across more than 200 AI models, allowing organizations to maintain security while accelerating AI adoption., according to technology trends

The AI Workspace enables teams to interact with multiple large language models through a single interface while implementing customizable guardrails and role-based access controls. Teams can compare models side-by-side, work with various file formats, and collaborate on AI projects with integrated web search capabilities—all while preventing data leaks through detailed logging and trace visibility.

For developers, the AI Gateway offers plug-and-play API access to orchestrate all models through a single endpoint. The gateway includes intelligent caching to reduce costs and improve latency, plus Retrieval-Augmented Generation capabilities to ground responses in company-specific documentation. Smart fallbacks and load balancing ensure uninterrupted workflows even during model outages.

Proven Leadership and Market Timing

The company benefits from the extensive experience of its founders, who previously bootstrapped cybersecurity unicorn Nord Security to global market leadership over 12 years. Okmanas and Co-founder Eimantas Sabaliauskas identified the governance gap pattern while overseeing their portfolio companies at Tesonet, recognizing the urgent need for secure AI infrastructure.

Matt Miller of Evantic Capital emphasized the team’s credentials: “Tomas Okmanas is a force of nature in the European tech scene having built several successful companies including Nord Security. It is a thrill for us to partner with him and his team on their latest endeavor to provide compliance and secure access to AI services to the enterprise and mid-market.”

Growing European AI Ecosystem

The funding aligns with increased investor interest in platforms that enable secure, compliant, and scalable AI adoption across large organizations. Similar European startups have attracted significant funding, including UK-based Synthesized (€17 million Series A), Denmark’s Light (€25 million Series A), Sweden’s EvoluteIQ (€44 million growth round), and the UK’s Conduct (€11.2 million Seed round).

Hannah Seal, Partner at Index Ventures, noted the platform’s rapid evolution: “nexos.ai has rapidly evolved from concept to enterprise-ready platform, driven by urgent market demand to deploy AI securely and remove barriers to adoption. As enterprises move from running pilot projects to full-scale deployment, many are turning to nexos.ai to help them deliver clear ROI.”

Strategic Expansion Plans

The €30 million investment will accelerate platform development, focusing on advanced routing algorithms, private model deployment capabilities, and geographic expansion across Europe and North America. The company also plans to launch educational partnerships to address the significant AI skills gap many enterprises face when integrating AI tools into their operations.

With enterprises racing to implement AI solutions while maintaining security and compliance, nexos.ai positions itself as the infrastructure layer that could determine which organizations successfully navigate the AI transition and which fall behind in an increasingly competitive landscape.

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References & Further Reading

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