Zeit AI has closed a €5 million seed financing round with participation from Y Combinator, the Oxford University Seed Fund, Sequoia Capital Scout Fund, ACE Ventures and HPVC. Angel investors in the round include former German Finance Minister Christian Lindner, 2014 World Cup champion Mario Götze and Meta board member Charlie Songhurst.
Zeit AI investors and backing
The €5 million seed round counts a mix of institutional and angel supporters. HPVC, one of the participating investors, was founded by SAP co-founder Hasso Plattner. Other backers named in the financing are Y Combinator, the Oxford University Seed Fund, Sequoia Capital Scout Fund and ACE Ventures.
ZeitMind autonomous data analyst
Founded two years ago by two former Palantir employees, Zeit AI develops ZeitMind, an autonomous data analyst that can automatically process raw data and generate reports, alerts, inventory optimization and other applications without the need for human data engineers to intervene.
