Spain's Sherpa.ai raises $18M for AI that never touches raw data
Basque startup Sherpa.ai has raised $18M to develop AI technology that does not get direct access to clients' raw data, tech.eu reports. The company sells its solutions to banks, hospitals and government bodies, organizations for which protecting personal and confidential data is critical. The idea is to let clients use AI without handing sensitive data over to someone else's foreign cloud.
AI-processed from TNW; edited by Hamidun News
Sherpa.ai, a startup from Spain's Basque Country, has raised $18M to develop AI technology that does not get direct access to clients' raw data, tech.eu reports.
The idea behind the product
Almost every company today wants the benefits of AI, but far from all are willing to hand their most sensitive data to someone else's foreign cloud to get them. Basque startup Sherpa.ai offers a compromise: technology that makes it possible to train and run AI models without giving them direct access to the client's original (raw) data.
Who Sherpa.ai's clients are
The company sells its solutions to banks, hospitals and government bodies, organizations in regulated industries where requirements for protecting personal and confidential data are especially strict. For such clients, it is essential that the data of patients, depositors or citizens never leaves the organization's perimeter, even when working with external AI tools.
- Size of the new round: $18M
- Company location: the Basque region of Spain
- Key client segments: banks, hospitals, government bodies
- The investment was first reported by tech.eu
What this means
Sherpa.ai's round reflects growing demand from regulated European industries for "sovereign" AI solutions that do not require uploading sensitive data to the clouds of foreign hyperscalers. For banks, hospitals and government bodies, it is a way to get the benefits of AI without giving up control over their data or compliance with local regulatory requirements.
Key Questions Answered
What are the key details on The idea behind the product?
Almost every company today wants the benefits of AI, but far from all are willing to hand their most sensitive data to someone else's foreign cloud to get them. Basque startup Sherpa.ai offers a compromise: technology that makes it possible to train and run AI models without giving them direct access to the client's original (raw) data.
Who Sherpa.ai's clients are?
The company sells its solutions to banks, hospitals and government bodies, organizations in regulated industries where requirements for protecting personal and confidential data are especially strict. For such clients, it is essential that the data of patients, depositors or citizens never leaves the organization's perimeter, even when working with external AI tools. Size of the new round: $18M Company location: the Basque region of Spain Key client segments: banks, hospitals, government bodies The investment was first reported by tech.eu
What this means?
Sherpa.ai's round reflects growing demand from regulated European industries for "sovereign" AI solutions that do not require uploading sensitive data to the clouds of foreign hyperscalers. For banks, hospitals and government bodies, it is a way to get the benefits of AI without giving up control over their data or compliance with local regulatory requirements.
Ship AI Faster with Founders, Engineers & Weekly Architecture Reviews
Inside Vibe Club (hamidun.com/club) — weekly live masterminds with Zhemal Khamidun, Tech Radar, full LMS access, and 370+ production Claude Code skills.
The AI world, distilled — once a week
Seven stories that actually mattered, hand-picked. No noise, no reposts, no press releases.
Done! Check your inbox for a confirmation.