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§ Private Profile · Berlin, Germany
AI-driven cross-border trading platform for industrial buyers in Europe, specializing in infrastructure, energy, and building materials.
Based in Berlin, Germany, Andercore operates an AI-driven cross-border trading platform that connects global suppliers with local industrial buyers across Europe. The company utilizes an asset-light model to purchase materials from international sources and sell them directly to buyers, using proprietary artificial intelligence to coordinate pricing, quoting, quality assurance, distribution, and embedded financing. Operating across seven European markets with a workforce of 80 employees spanning Europe and Asia, the platform processes thousands of large-scale transactions monthly within the infrastructure, energy, and building materials sectors. Backed by $75 million in total equity and debt funding, including a recent $40 million Series B round from investors such as Atomico, Project A, and Commerzbank, the company serves major industrial customers like Strabag and Synthos Group. Andercore was founded in 2021 by Philipp Andernach and Elsa Cordonnier.
Andercore has raised $40.0M across 1 funding round.
Andercore's AI-driven platform automates inventory selection, pricing, quotes, financing, and global logistics to streamline the procurement process for industrial buyers and suppliers.
Andercore secured a $40 million Series B funding round from investors including Atomico and Project A to build its AI-driven industrial trade and distribution platform.
Andercore's AI-driven platform automates inventory selection, pricing, quotes, financing, and global logistics to streamline the procurement process for industrial buyers and suppliers.
Andercore secured a $40 million Series B funding round from investors including Atomico and Project A to build its AI-driven industrial trade and distribution platform.
Andercore operates an AI-driven industrial trade platform designed to connect global suppliers with local buyers. The company aims to streamline procurement and supply chain processes within the industrial sector, addressing the complexities of cross-border trading. Its platform integrates various components of the trade lifecycle, offering a unified solution for industrial businesses.
The platform's core functionality includes automating critical aspects of industrial trade. This encompasses inventory selection, pricing, and the generation of quotes. Furthermore, Andercore's system facilitates financing arrangements and manages global logistics, thereby simplifying the entire transaction process for both buyers and suppliers.
Founded in 2021, Andercore is headquartered in Berlin, Germany. The company's mission is to unify supply, demand, logistics, and financing into a single, cohesive AI-powered platform. This approach seeks to enhance efficiency and transparency in what is traditionally a complex and fragmented industrial trade landscape.
To support its development and expansion, Andercore has successfully raised significant capital. The company secured a $40 million Series B funding round, with investments from firms such as Atomico and Project A. This funding is directed towards further building out its AI-driven industrial trade and distribution platform, reinforcing its position in the market.
Andercore has raised $40.0M across 1 funding round. Most recently, it raised $40.0M Series B in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 11, 2026 | $40M Series B | — | Atomico, Inven Capital, Project A | Announced |