Velatir secures €5M seed funding to expand its AI infrastructure across Europe

Danish artificial intelligence startup Velatir has recently secured €5 million in seed funding to expand its AI infrastructure platform throughout Europe and increase its workforce. This financing round was led by Spintop Ventures alongside existing investor Ugly Duckling Ventures, with support from Norrsken Evolve and angel investors Jan Oberhauser and Thomas Visti. The Danish Export and Investment Fund (EIFO) also contributed through a matching loan.

Velatir, founded by Michael Sørensen, Elias Sørensen, Christian Møller, and Andreas Paulli, is developing an infrastructure layer to assist organizations in managing the increasing use of AI within their operations. The platform offers visibility and control over various AI components, such as tools, employees, agents, vendors, devices, and the underlying infrastructure.

The primary focus of Velatir's platform is to tackle security and compliance concerns that arise as businesses incorporate more AI tools and autonomous agents. As AI becomes integrated into company systems and workflows, organizations must monitor how these technologies are used, track data flows, and ensure adherence to internal policies and regulatory requirements.

Velatir's platform consolidates AI security, policy enforcement, usage monitoring, and discovery into a single system. It provides real-time insights into AI activity across devices, browsers, employees, and agents, encompassing data flows, costs, and the maturity of individual use cases. Additionally, companies can establish centralized guardrails across systems and access a catalog of over 4,000 AI tools.

Velatir's infrastructure is built entirely on European-owned and hosted infrastructure, avoiding the use of US hyperscalers. This choice is driven by considerations of data sovereignty, resilience, and control, as European businesses become more discerning about where their AI infrastructure and data are hosted. Christian Møller, COO and co-founder of Velatir, emphasized that this decision, although more challenging, is the only viable option for the company.

The newly acquired funds will be utilized to further Velatir's growth across Europe and hire additional personnel as it scales to meet rising customer demand.