Berlin-based Andercore has secured €33.5 million in fresh funding to accelerate the expansion of its AI-powered industrial trade platform across Europe. The company aims to modernize the fragmented industrial supply chain sector and create a more efficient, transparent, and data-driven marketplace for manufacturers, suppliers, and distributors.
The funding round marks a major milestone for the fast-growing startup. With this capital injection, Andercore plans to deepen its technology stack, expand into new European markets, and strengthen partnerships with industrial players that seek digital transformation.
Transforming a Fragmented Industry
Industrial trade remains one of Europe’s largest yet least digitized sectors. Thousands of small and mid-sized manufacturers rely on outdated procurement systems, manual processes, and offline negotiations. Buyers often struggle to compare suppliers, track pricing changes, or verify inventory availability in real time.
Andercore addresses this inefficiency with a digital platform that connects industrial buyers and suppliers in one unified ecosystem. The platform uses artificial intelligence to match buyers with the most relevant suppliers based on price, availability, delivery time, and historical performance. Instead of navigating spreadsheets and phone calls, procurement managers can make faster and more informed decisions through a centralized dashboard.
The founders recognized the problem after observing repeated delays and cost overruns in industrial sourcing. Traditional procurement workflows create bottlenecks that ripple across production schedules. Even minor supply chain disruptions can halt manufacturing lines. Andercore designed its platform to reduce friction and improve reliability.
AI at the Core of Procurement
Andercore places artificial intelligence at the center of its value proposition. The company’s algorithms analyze large volumes of transactional and behavioral data to generate insights for buyers and suppliers. The platform identifies purchasing trends, forecasts demand patterns, and recommends optimal sourcing strategies.
For buyers, the system highlights alternative suppliers when inventory runs low or delivery timelines change. For suppliers, the platform provides visibility into demand signals across regions, enabling smarter production planning and pricing adjustments.
This data-driven approach increases transparency across the supply chain. Participants can track performance metrics, compare offers, and evaluate supplier reliability. The platform’s predictive tools allow companies to anticipate disruptions rather than react to them.
Funding to Fuel European Expansion
The €33.5 million funding round will support Andercore’s geographic and operational growth. The company plans to expand beyond its current strongholds in Germany and neighboring markets into Southern and Eastern Europe. These regions contain vast industrial networks that have yet to fully embrace digital procurement platforms.
The leadership team will allocate capital toward hiring engineers, sales professionals, and regional market specialists. The company aims to localize its platform for different regulatory environments and language requirements across Europe. By tailoring the platform to local market needs, Andercore intends to accelerate adoption among mid-sized industrial firms.
Investors in the round expressed confidence in Andercore’s scalable business model. The industrial trade sector generates trillions of euros in annual transactions. Even modest market penetration could translate into significant revenue growth for the startup.
Strengthening Supplier Networks
Andercore understands that network density determines marketplace success. The company focuses on onboarding high-quality suppliers and verifying their credentials. Each new supplier increases the platform’s value for buyers, while each additional buyer attracts more suppliers.
The platform simplifies onboarding by offering digital catalog management tools, automated pricing updates, and analytics dashboards. Suppliers gain real-time visibility into order volumes, customer preferences, and seasonal demand fluctuations. This transparency helps them adjust production strategies and maintain competitive pricing.
The startup also promotes trust through data validation and performance scoring. Buyers can review supplier ratings based on delivery reliability, product quality, and response times. This feedback loop creates accountability and encourages continuous improvement.
Driving Efficiency and Cost Savings
Procurement teams often dedicate hours to repetitive tasks such as price comparisons, order confirmations, and invoice reconciliation. Andercore reduces manual effort through automation. The platform centralizes documentation, streamlines approvals, and integrates directly with enterprise resource planning systems.
Companies that use Andercore report faster procurement cycles and lower administrative costs. The AI-driven recommendation engine highlights cost-saving opportunities and alternative suppliers when prices fluctuate. By increasing competition and transparency, the platform empowers buyers to negotiate better terms.
Efficiency gains also extend to logistics coordination. Real-time tracking and inventory updates reduce uncertainty and prevent unexpected shortages. Manufacturers can maintain leaner inventories while preserving operational stability.
Competing in a Crowded Market
Digital B2B marketplaces have gained traction across multiple industries. However, industrial trade presents unique challenges. Complex product specifications, bulk orders, and long-term supplier relationships require specialized solutions.
Andercore differentiates itself through industry-specific expertise and advanced AI capabilities. The platform does not simply list products; it provides actionable intelligence. By combining data analytics with marketplace functionality, Andercore positions itself as a strategic procurement partner rather than a transactional intermediary.
The company’s Berlin base offers additional advantages. Germany’s industrial sector remains one of the strongest in Europe, with deep manufacturing expertise and established supply chains. Andercore leverages this ecosystem to refine its product and validate its model before scaling internationally.
Aligning with Europe’s Digital Transformation
European policymakers have emphasized the need for digital transformation across traditional industries. Industrial modernization plays a critical role in maintaining global competitiveness. Platforms like Andercore contribute to this agenda by introducing transparency, automation, and analytics into legacy systems.
The startup’s expansion aligns with broader economic trends. As companies seek to strengthen supply chain resilience after years of global disruptions, digital tools have become essential. Businesses now prioritize visibility, diversification, and predictive insights.
Andercore’s AI-driven platform addresses these priorities directly. By offering real-time data and intelligent recommendations, the company helps industrial firms build more agile supply networks.
The Road Ahead
The €33.5 million raise signals investor belief in Andercore’s long-term potential. However, rapid expansion requires disciplined execution. The company must balance growth with platform stability and maintain trust among industrial partners.
The leadership team plans to enhance product features, introduce advanced analytics modules, and explore strategic partnerships with logistics providers and financial institutions. These partnerships could unlock additional services such as trade financing and insurance solutions integrated directly into the platform.
If Andercore continues to scale successfully, it could redefine industrial trade across Europe. By combining artificial intelligence with marketplace dynamics, the company transforms procurement from a manual, fragmented process into a streamlined, data-driven experience.
The next phase will test Andercore’s ability to manage rapid growth while preserving service quality and technological innovation. With fresh capital, a clear vision, and a large addressable market, the Berlin-based startup now stands at the forefront of Europe’s industrial digital transformation.
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