Andercore secures 40 million US dollars Series B

Andercore, an AI-driven trading platform for the industrial supply chain sector, has raised USD 40 million in equity and debt capital in a Series B round. Investors include long-standing partners Atomico and Project A as well as Inven Capital, supported by institutional financing from Commerzbank and KfW. The company has received a total of 75 million US dollars to date.

Platform for the world's largest trading sector

Andercore operates in the global wholesale market, which is one of the largest commercial systems in the world and has an annual trading volume in the double-digit trillions. Despite this size, the sector is highly fragmented, manual and expensive, with limited access for international suppliers. Andercore started in core industries such as infrastructure, energy and building materials. Together, these categories represent an annual demand of over €200 billion in Europe.

AI as a driver for efficient supply chains

The platform combines an asset-light trading model with a proprietary AI that manages the entire trading cycle: pricing, quoting, quality assurance, distribution and integrated financing. Thousands of transactions are already processed via Andercore every month in seven European markets.

At its core, Andercore is AI that moves containers of real products around the world. It brings speed, predictive power and structure to previously manual supply chains.

Philipp Andernach, founder and CEO

Buyers benefit from faster quotes, better prices and frictionless fulfillment; suppliers get consistent demand, an expanded customer base and operational relief.

Operational expertise as a success factor

As a member of a fifth generation of manufacturing and trading companies, Andernach brings more than 100 years of experience to the founding of the company. The company employs 80 people in Europe and Asia, with headquarters in Berlin and offices in India and China. Its customers include leading industrial companies such as Synthos Group, Wolf & Müller, Sotralenz Construction, Phnix and Strabag.

Investors confirm scaling potential

Atomico founding partner Niklas Zennström comments:"Andercore brings technology and operational strength together to accelerate cross-border trade." Project A partner Florian Heinemann adds:"Andercore proves that AI can revolutionize even complex supply chains when paired with strong commercial execution."

With the fresh capital, Andercore plans to expand its geographic reach, deepen category coverage and further develop the AI platform in the long term to enable suppliers to sell directly through the system in the future.