# Prem AI raises $100M in Series A funding round > Source: > Published: 2026-06-18 11:01:55+00:00 # Prem AI raises $100M in Series A funding round The private AI infrastructure company is reportedly seeking a major capital injection, though its disclosed funding history tells a more nuanced story Prem AI, a developer of private AI infrastructure focused on sovereign data solutions, is raising $100 million in a Series A funding round, according to Bloomberg. If completed at that size, the round would represent a massive leap for a company whose total disclosed funding sits at approximately $19.5 million. ## What we know about Prem AI’s funding history Prem AI completed a $14 million strategic seed round in April and May of 2024. That brought its total raised to roughly $19.5 million. A $100 million Series A would mean the company is multiplying its total capital base by more than five times in a single round. The company was founded in 2023 by CEO Simone Giacomelli and Filippo Pedrazzini. It’s headquartered in Lugano, Switzerland, with a presence in Delaware. Prem AI has built a client roster that includes Fortune 50 retailers and EU RegTech firms operating under strict compliance mandates. ## What Prem AI actually does Prem AI builds infrastructure that lets organizations deploy advanced AI models without exposing sensitive data to public cloud environments. The company specializes in sovereign AI solutions featuring volatile-memory inference, which means data is processed in memory and never written to persistent storage. Prem AI’s most recent product update, released in May 2026, introduced Confidential APIs for private multi-modal inference. These allow clients to run sophisticated AI models across text, images, and other data types while maintaining strict privacy standards. The company has also developed private workspaces that keep all processing contained within client-controlled environments. ## Why this matters for investors Prem AI has no association with cryptocurrency tokens or blockchain protocols. For institutional investors who want exposure to AI infrastructure without the volatility of digital asset speculation, that distinction matters. **Disclosure:** This article was edited by Editorial Team. For more information on how we create and review content, see our [Editorial Policy](https://cryptobriefing.com/editorial-policy/).