Sherpa.ai Bags $18 Million in Funding

Sherpa.ai, a Spain-based AI company focused on privacy-preserving artificial intelligence, has raised $18 million in funding.

The funding round was led by new investor Forgepoint Capital, with participation from existing investors Mundi Ventures, Ekarpen, Allegra Holdings, and SETT.

The proceeds will be used to enhance Sherpa.ai's AI platform, expand its international operations, and advance AI systems focused on data sovereignty for regulated sectors.

Sherpa.ai is an artificial intelligence company specializing in privacy-preserving and secure AI technologies. Its platform enables enterprises and governments to train, deploy, and operate AI models collaboratively without sharing sensitive data, making it well-suited for highly regulated industries such as healthcare, finance, manufacturing, and government. The company also conducts research in federated learning, privacy-preserving AI, and distributed training technologies to support the secure adoption of AI. Founded in 2012 by Xabi Uribe-Etxebarria, Sherpa.ai is headquartered in Erandio, Spain, with operations in Silicon Valley.

Funding Details

Company: Sherpa.ai

Raised: $18.0M

Round: Not disclosed

Funding Date: July 6, 2026

Lead Investor: Forgepoint Capital

Software Category: Enterprise AI / Privacy-Preserving AI / Data Sovereignty Platform