Xayn, the private search and discovery browser for the Internet, has raised almost $12 million in Series A funding led by the Japanese investors Global Brain and KDDI with participation from the previous backers, including Earlybird VC.
This brings Xayn’s total financing to more than $23 million to date. Xayn will use the Series A funding for product development and for expanding the capabilities of its app which is a fusion of a search engine, a discovery feed and a mobile browser. The Berlin-based company will also extend its geographical reach and focus on the expansion in the Asian market, starting with Japan.
The Berlin-based company acquires its Series A funding at a moment when privacy-protecting technology is attracting increasing attention from users, companies, and policymakers alike.
After launching as a private search engine in December 2020, Xayn has developed into a discovery browser for the entire Internet. Xayn is a fusion of a discovery feed, a search engine and a mobile browser with privacy, personalization and clean design. Combining the latest privacy-protecting AI technology with a strong focus on a smooth user experience, the Berlin-based company re-defines the way people find information online. Xayn’s algorithms do not rely on centralized data collection. Instead, the AI trains directly on users’ devices, does not transmit private information and provides users with an individually tailored web experience.
Leif-Nissen Lundbæk, Co-Founder and CEO of Xayn
In an industry in which selling data and delivering ads en masse are the norm, we choose to lead with privacy instead and put user satisfaction front and center.
Kazuhiko Chuman, Head of KDDI Open Innovation Fund
This European discovery engine uniquely combines efficient AI with a privacy-protecting focus and a smooth user experience. At KDDI, we’re constantly on the lookout for companies that can shape the future with their expertise and technology.
