Andercore GmbH

Based in Germany, Andercore GmbH operates as an AI-powered industrial trade platform, connecting buyers and suppliers across Europe, MENA, and Asia while enhancing procurement efficiency and reliability through innovative solutions. Andercore GmbH, founded in 2021, is headquartered in Berlin, Germany. The company operates an AI-driven platform that connects B2B clients in the infrastructure, energy, and construction sectors. In February 2026, Andercore GmbH raised an amount of series B funding led by investors Atomico, Project A, and investor Inven Capital, with participation from other investors Commerzbank and KfW Capital.

Individual investors also participated in the round. The round was part of a larger USD 40 million in series B and debt funding. Philipp Andernach founded the firm and leading it as CEO as of 2026. Andercore offers a comprehensive AI-powered industrial trade platform that facilitates seamless connections between buyers and suppliers across Europe, MENA, and Asia.

The platform provides instant, AI-driven pricing for a wide array of materials and services, streamlining the procurement process through various communication channels including phone, email, WhatsApp, and app. It integrates logistics, financing, and payment solutions to create a cohesive workflow, addressing pain points such as opaque pricing, unpredictable lead times, and logistical coordination challenges. End users primarily include businesses in the infrastructure, energy, and construction sectors, benefiting from stable and repeat demand facilitated by Andercore. The platform leverages data and logistics signals to forecast material availability and lead times, ultimately enhancing operational reliability and efficiency.

Andercore's revenue model is predicated on facilitating B2B transactions within the industrial supply chain, primarily targeting clients in infrastructure, energy, and construction sectors. The company generates revenue through a transactional structure that encompasses integrated financing options, multi-currency payments, and secure settlements for buyers and suppliers. Clients engage in real-time transactions where they provide specifications, volumes, and timelines, receiving firm quotes that aggregate pricing and terms into a single view. These transactions are supported by the platform's AI capabilities, which optimize the matching of supply and demand, thereby enhancing cash flow predictability for suppliers and flexibility for buyers.

The platform's systematic approach to logistics, documentation, and risk management further solidifies its role as a trusted partner in the industrial sector. In February 2026, Andercore GmbH raised an undisclosed amount of SERIES B funding as part of a larger USD 40 mn round, with support from returning investors Atomico, Project A, and new investors including Inven Capital, Commerzbank, and KfW Capital. The funding will be leveraged to expand into new markets, widen the offering scope, and further develop its artificial intelligence platform. The company aims to introduce new products tailored to the demands of clients in additional regions and sectors, enhancing its competitive edge and operational footprint.