The company provides private, sovereign AI inference on dedicated Nvidia GPUs, with infrastructure currently operating in Dublin and Helsinki. TensorX says it is already generating revenue from paying customers in regulated sectors including finance, healthcare and legal services.
The funding will be used to deploy Nvidia Blackwell GPUs, expand TensorX’s footprint across Europe and scale its sovereign AI inference platform. The company said it plans to deploy up to €100 million in Nvidia Blackwell GPU infrastructure over time. Founder Shane Morton has separately committed €4 million to Nvidia hardware, with €2 million already delivered and another €2 million on order.
TensorX is positioning itself around compliance requirements such as GDPR and the EU AI Act, offering zero data retention and support for more than 33 open-source models. The company is also in advanced talks on a financing facility to expand capacity across Ireland, the UK, Germany, France and the Nordics.