Oblivious AI Raises $1 Million in Seed Round
Dublin-based startup Oblivious AI has secured $1 million in seed funding to expand its privacy-focused technology. The company, founded in 2020, specialises in tools that allow private data to be analysed without direct access. Its first products are set to launch before the end of the year.
Oblivious AI was established by Robert Pisarczyk and Jack Fitzsimons at NovaUCD, part of University College Dublin. The firm currently employs eight people and is developing privacy-enhancing technologies (PETs) for secure data processing.
The $1 million funding round was led by Atlantic Bridge and Act Venture Capital. Hustle Fund and investor Charlie Songhurst also contributed. The company plans to use the funds to grow its team, support existing clients, and roll out its tools to developers in the coming months.
With fresh funding in place, Oblivious AI aims to bring its privacy-preserving solutions to market by late 2024. The investment will help the startup scale operations and refine its technology for wider adoption. Developers and businesses handling sensitive data may soon benefit from its secure processing tools.
