Velatir raises €5m to sell European companies control over their own AI
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....
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