Andercore, a Berlin, Germany-based AI-driven trade and distribution platform for industrial supply, has raised $40 million in Series B equity and debt financing.
Investors
The round included participation from Atomico, Project A, and new investor Inven Capital, along with institutional financing from Commerzbank and KfW, bringing Andercore’s total capital raised to $75 million.
Andercore Use of Funds
With this new funding, the company will expand its presence across Europe, deepen supplier and buyer integrations, and continue investing in its AI platform to further connect supply, demand, and capital through a unified, AI-native trade infrastructure.
About Andercore
Led by CEO Philipp Andernach, Andercore is an AI-driven trade and distribution platform focused on complex industrial supply chains. Its proprietary AI platform orchestrates pricing, quoting, quality assurance, logistics, and embedded financing across thousands of transactions each month. The company operates an asset-light principal trading model, combining international sourcing with local distribution across seven European markets. Headquartered in Berlin, Germany, Andercore serves industrial players such as Synthos Group, Wolf & Müller, Sotralenz Construction, Phnix, and Strabag.
Funding Details
Company: Andercore GmbH
Raised: $40.0M
Round: Series B
Funding Date: February 2026
Lead Investor: Atomico
Additional Investors: Project A, Inven Capital, Commerzbank, KfW
Company Website: https://www.andercore.com/
Software Category: AI-Industrial Trade / Supply chain and Trade Automation
Source: https://atomico.com/insights/continuing-our-partnership-with-andercore-as-it-scales-ai-driven-industrial-trade