Danish AI startup Velatir has raised €5 million in new funding. The company will use the money to expand its AI infrastructure platform across Europe and grow its team.
The funding round was co-led by new investor Spintop Ventures and existing investor Ugly Duckling Ventures. Norrsken Evolve also participated, along with angel investors Jan Oberhauser, co-founder of n8n, and Thomas Visti, who has worked with Universal Robots and MiR.
The Danish Export and Investment Fund (EIFO) also joined the round through a matching loan.
The new funding comes just six months after Velatir raised its pre-seed round. The company has since launched its product commercially and is now looking to expand its business across Europe.
Velatir was founded by Michael Sørensen, Elias Sørensen, Christian Møller and Andreas Paulli.
Velatir is building an infrastructure platform that helps companies manage and control the growing use of AI across their organisations.
The platform gives businesses visibility into their AI tools, employees, AI agents, vendors, devices and the technology infrastructure behind them.
The company is also focused on the security and compliance challenges that come with using more AI. As businesses adopt AI tools and autonomous agents, they need to know how these systems are being used, where company data is going and whether AI use follows internal policies and regulations.
Velatir aims to help businesses manage these risks while making it easier to use AI safely across their organisations.
“Sovereign cloud is a common phrase, and it often means American platforms with a European label. We built Velatir on European-owned and hosted infrastructure from the very beginning. It is the harder path, but the only viable one for us, “said Christian Møller, COO and co-founder of Velatir.
The new funding will help Velatir expand across Europe and hire more employees. The company plans to grow its team and meet the increasing demand from customers as its business expands.
