Velatir Raises €5M to Build a Real-Time Control Layer for Enterprise AI

Velatir Raises €5M to Build a Real-Time Control Layer for Enterprise AI

Odense-based AI governance startup Velatir has raised €5 million in seed funding to develop a real-time control layer for enterprise AI applications as companies face growing challenges around AI usage, data flows, compliance and autonomous agents.

The round was led by Spintop Ventures and Ugly Duckling Ventures, both existing investors in the company. Norrsken Evolve also participated, alongside new angel investors Jan Oberhauser, founder of workflow automation platform n8n, and Thomas Visti, former CEO of Universal Robots and Mobile Industrial Robots.

Denmark's export and investment fund, EIFO, also provided a matched loan.

Founded in 2023 by Michael Blicher Sørensen and Christian Møller, Velatir is building infrastructure that allows enterprises to monitor and control how AI tools and autonomous agents interact with company systems and data.

Sørensen, who serves as CEO and co-founder, spent 14 years with Danish military intelligence as an intelligence officer and also represented Denmark in NATO's Electronic Warfare Working Group. His experience with system activity, oversight and security has influenced the company's approach to enterprise AI governance.

Møller, Velatir's COO and co-founder, previously led AI Act and DORA compliance work at one of Europe's largest financial groups.

Velatir's platform is designed to work across existing AI tools rather than being tied to a single model or provider. Companies can use the system to monitor AI usage, data flows and risk across both employees and autonomous AI agents in real time.

The company argues that enterprises can quickly accumulate a large number of AI-connected services, making it difficult for organisations to maintain consistent oversight. Velatir's approach is to provide a foundational control layer that can sit across these different applications.

For example, a financial institution using an internal AI copilot could use Velatir to identify when employees enter sensitive customer information into approved AI tools, helping organisations detect potential compliance risks before they become larger problems.

Data sovereignty is another central part of the company's strategy. Velatir says its infrastructure is built entirely on European-owned and hosted infrastructure rather than relying on major US cloud providers.

The company believes this approach can be particularly relevant for organisations operating in regulated industries or handling sensitive information across European markets.

The funding follows a DKK 10 million, or approximately €1.3 million, pre-seed round raised in February 2026, also led by Ugly Duckling Ventures.

Velatir says the company has experienced rapid commercial growth since the beginning of the year. In January 2026, it had no customers. By August, it had reached 80 customers across banking, insurance, law, government and utilities in Denmark, Sweden, Norway, the Netherlands, France and the UK.

The company is now approaching $1 million in annual recurring revenue. Its team has also expanded from zero employees at the beginning of the year to 30, with plans to reach between 50 and 60 employees by the end of 2026.

The new funding will support additional hiring and accelerate Velatir's European expansion. The company plans to open an office in Stockholm on October 1 and expects to establish four or five additional offices across Europe next year, prioritising markets including France, the Netherlands and the Nordic region.

Velatir is entering an AI governance market that remains relatively small but is expected to expand as companies adopt more AI systems and regulatory requirements increase. European regulations, including the EU AI Act, are also pushing businesses to establish stronger processes around AI risk and compliance.

The company faces competition from both established cybersecurity and enterprise software providers and newer AI governance startups. Its differentiation is built around providing a single control layer across multiple AI tools while maintaining European data sovereignty.

For Velatir, the latest funding marks a shift from early product development and pilots toward broader commercial adoption. The company's ability to maintain its rapid customer growth while expanding across Europe will determine whether its sovereign AI infrastructure approach can develop into a larger enterprise category.