YC-backed Zeit AI raises €5 million to build Europe’s “autonomous data engineer”
Zeit AI, a Munich-based startup building the autonomous data engineer for Europe, today announced that it has closed a 5 million funding round. Investors in this round include Y Combinator, the University of Oxford’s Seed Fund, the Sequoia Capital Scout Fund, ACE Ventures and Hasso Plattner VC, the investment fund of the SAP Founder. The […] The post YC-backed Zeit AI raises €5 million to build…
Zeit AI, a Munich-based startup founded in 2024 by Palantir alumni Leopold von Waldthausen and Marvin Bornstein, has raised €5 million in a funding round led by Y Combinator, the University of Oxford’s Seed Fund, the Sequoia Capital Scout Fund, ACE Ventures, and Hasso Plattner VC. The investors also include angels such as former German Federal Minister of Finance Christian Lindner, World Cup winner Mario Götze, Meta board member Charlie Songhurst, Martin Schoeller of Schoeller Group, and Helsing CTO Robert Fink.
Zeit AI aims to build the autonomous data engineer for Europe's mid-market, offering its product, ZeitMind, which connects ERP, CRM, and over 600 other source systems. Using an AI agent, ZeitMind builds analytics-ready applications from the data, traceable to individual transactions, and operates in German data centres. The company is targeting European businesses that own their data but lack the capability to fully utilize it, addressing the issues of Excel workarounds that consume ten days a month.
Brief written by urgent.news from EU-Startups's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
