Velatir, an Odense startup that sells companies a way to see and control the AI their employees are already using, has raised €5m in seed funding six months after closing its pre-seed.
Spintop Ventures, a Nordic early-stage firm investing in the company for the first time, co-led the round with Ugly Duckling Ventures, the Danish fund that led the previous one.
Norrsken Evolve, which also backed the pre-seed, returned. Two angels joined: Jan Oberhauser, founder and chief executive of the workflow automation company n8n, and Thomas Visti, who was chief commercial officer of Universal Robots and later chief executive of Mobile Industrial Robots.
Velatir’s announcement describes Visti as a former chief executive of both. EIFO, the Danish state export and investment fund, added a match loan.
The pre-seed in February was DKK 10m, or roughly €1.35m, which makes this round close to four times the size within six months. Velatir says sales have grown fast enough since launch that the seed came together in a fortnight. It has not disclosed revenue, customer numbers, or a valuation.
The platform is designed to sit horizontally across the places AI touches an organisation, including endpoints, browsers, vendors, agents, employees, and the infrastructure underneath them.
It reports in real time which tools are in use and by whom, what data moves through them and at what cost, and it collects policy guardrails into one place rather than leaving them scattered across each system.
It also maintains a directory of more than 4,000 AI tools, which the company calls an app store.
Everything runs on European-owned and hosted infrastructure, which the company presents as a deliberate refusal of the American hyperscalers most enterprise software is built on.
That choice lands in the middle of a broader push, with Brussels having spent the past year drafting a tech sovereignty package aimed at exactly this dependency.
“‘Sovereign cloud’ is a common phrase, and it often means American platforms with a European label,” said Christian Møller, co-founder and chief operating officer.
“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.”
The four founders come from the sectors the product is pointed at. Michael Sørensen, the chief executive, led security audits across Meta’s data centre portfolio and, before that, spent years in the Danish Defence working on electronic warfare.
Møller, a lawyer by training, ran AI Act and DORA implementation at one of Europe’s largest financial groups. Elias Sørensen, the chief technology officer, holds a patent in AI-based vehicle control. Andreas Paulli, the chief product officer, rebuilt the Cookiebot admin dashboard at Usercentrics.
The money goes on European expansion and on hiring, in a market where sovereign enterprise AI has become a crowded pitch. Velatir says it wants to become the fastest-growing AI company in Europe.
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