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Sherpa.ai raises €16 million to expand its privacy‑focused AI platform with backing from Forgepoint, Mundi Ventures, Ekarpen, Allegra Holdings and Spain’s Sepi digital unit

Executive summary: Sherpa.ai announced a €16 million funding round led by Forgepoint, Mundi Ventures, Ekarpen, Allegra Holdings and Spain’s Sepi digital unit to scale its privacy‑centric AI platform. The investment underscores growing demand for AI solutions that meet stringent privacy and security requirements, potentially accelerating adoption in finance, healthcare and public sectors.

Who is involved: Sherpa.ai, Forgepoint, Mundi Ventures, Ekarpen, Allegra Holdings, Sepi digital unit

Likely next: Product upgrades and international rollout, Potential follow‑on funding or strategic partnerships, Increased scrutiny under the EU AI Act and GDPR compliance

Sherpa.ai’s latest funding round signals strong investor confidence in European AI startups that prioritize data privacy and security. The capital will accelerate product development and international expansion, positioning the company to compete with larger AI vendors in regulated sectors. The involvement of Sepi’s digital arm highlights continued public‑private support for deep‑tech ventures in Spain.

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