Velatir, an Odense-based startup building software for companies to see and control the AI tools used by their staff, has secured an undisclosed match loan from EIFO alongside its €5 million seed round.
EIFO, Denmark’s official export credit agency and national promotional bank, provided the facility as venture debt. The size of the loan was not disclosed.
The equity round was co-led by new investor Spintop Ventures and Ugly Duckling Ventures, which also backed Velatir at pre-seed. Norrsken Evolve returned, alongside angels Jan Oberhauser, Founder and Chief Executive of n8n, and Thomas Visti, former Chief Executive of Universal Robots and Mobile Industrial Robots.
Founded in 2025, Velatir is led by Chief Executive and co-founder Michael Sørensen, with co-founders Elias Sørensen as Chief Technology Officer, Christian Møller as Chief Operating Officer and Andreas Paulli as Chief Product Officer. The company has about 30 staff.
Velatir raised a DKK 10 million pre-seed round, about €1.35 million, around six months earlier. It plans to use the new capital to support European expansion and hiring, including opening a Stockholm office on 1 October 2026.