VeloMind AI Closes €18M Series A to Expand Language Model Deployment for European Enterprises
VeloMind AI has raised €18 million in Series A funding to help European enterprises deploy private large language models within their own infrastructure.
VeloMind AI, a provider of private large language model (LLM) deployment infrastructure, today announced the closing of an €18 million Series A round led by HV Capital, with participation from Earlybird Venture Capital and several strategic angels from the enterprise software industry.
The funding will be used to expand VeloMind’s engineering team, launch a German-language model optimised for legal and financial documents, and open a second office in Paris.
“European enterprises want the power of AI without routing sensitive data through US hyperscalers,” said co-founder and CEO Sebastian Brauer. “VeloMind lets them run frontier-grade models on their own hardware, fully air-gapped if required.”
The company’s flagship product, VeloMind Vault, enables legal, financial, and healthcare organisations to run LLMs within their own data centres, with no data leaving the customer’s environment.
Early customers include two German banks, a Swiss insurance group, and a pan-European law firm.
Media Contact TechVault Press Office on behalf of VeloMind AI | [email protected]
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TechVault Press Office
Press Relations, TechVault Inc.
Official press contact for TechVault Inc., a cloud infrastructure company headquartered in Dublin, Ireland.