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.
