Zeit AI raises €5M to give Europe’s mid-market its own data engineer

Zeit AI, a startup developing
autonomous data engineering technology, has raised €5 million in funding to
expand its platform for mid-sized European companies. Investors in the round
include Y Combinator, the University of Oxford’s Seed Fund, the Sequoia Capital
Scout Fund, ACE Ventures and Hasso Plattner VC. The round also included angel
investors Christian Lindner, Mario Götze, Charlie Songhurst, Martin Schoeller
and Helsing CTO Robert Fink.

Founded in 2024 by Palantir alumni
Leopold von Waldthausen and Marvin Bornstein, Zeit AI develops ZeitMind, an AI
agent designed to automate data engineering tasks and help companies use
information spread across their business systems.

The company is targeting mid-sized
businesses that often rely on spreadsheets and manual processes when their
existing enterprise resource planning (ERP) or financial planning and analysis
(FP&A) systems cannot support specific reporting and analytical requirements.
Building and maintaining the necessary data infrastructure typically requires
specialised data engineering resources, which can be difficult and costly for
these companies to access.

ZeitMind connects ERP, customer
relationship management (CRM) and more than 600 other source systems. Its AI
agent connects and cleans data before building analytics-ready applications
based on a company’s requirements. The platform is designed to make results
traceable to individual transactions and is operated in German data centres.

According to co-founder Leopold von
Waldthausen, mid-sized companies increasingly need data engineering
capabilities but often struggle to access specialised talent at an affordable
cost.

ZeitMind is the autonomous data
engineer: it connects the systems, cleans the data and builds the application,
with no additional headcount.

The company will use the new capital
to expand its reach among mid-sized businesses and hire additional engineers to
support the deployment of ZeitMind.