Andercore Raises $40M Series B to Expand AI-Driven Industrial Trade Platform

Berlin-based industrial trade platform Andercore has secured $40 million in a Series B financing round, combining equity and debt to fuel its European growth plans. The round saw participation from existing backers Atomico and Project A, with Inven Capital joining alongside institutional financing from Commerzbank and KfW. The company has now raised $75 million to date.

Reframing Industrial Supply with AI

Global wholesale represents one of the largest commercial systems in the world, underpinning industrial supply chains across infrastructure, energy, and construction. Yet much of the sector remains dependent on manual workflows, fragmented supplier networks, and opaque pricing structures.

Andercore began by targeting core industrial categories such as infrastructure, energy, and building materials — a segment representing more than €200 billion in annual demand across Europe. The company operates an asset-light trading model in which it buys from international suppliers and sells to local buyers on its own account, while its proprietary AI platform manages the full trade lifecycle.

The system orchestrates pricing, quoting, quality assurance, distribution, and embedded financing. Thousands of transactions now move through the platform each month across seven European markets.

Leadership Perspective and Operational Depth

Founder and CEO Philipp Andernach describes Andercore as “AI that moves containers of real products globally.” The aim is to introduce prediction, discipline, and speed into supply chains that have historically relied on manual coordination.

Andernach brings deep industry roots to the company, coming from a fifth-generation manufacturing and trading family. That operational background has shaped Andercore’s focus on execution as much as technology.

Today, the company employs around 80 people across Europe and Asia, operating from Berlin with offices in India and China. It serves established industrial players including Synthos Group, Wolf & Müller, Sotralenz Construction, Phnix, and Strabag.

Customer and Investor Support

One customer, Jean-Marc Levasseur, Director at Hebert Électricité in Normandie, described using Andercore for a large infrastructure project in Le Havre. According to Levasseur, the company provided rapid quotes, reliable delivery timelines, attractive payment terms, and overall savings of approximately 12 percent compared to traditional procurement sources.

Investors point to the scale of the opportunity in modernizing industrial trade. Atomico’s Niklas Zennström emphasized the economic importance of wholesale and the need for technology-driven efficiency in cross-border supply. Project A’s Florian Heinemann highlighted the combination of operational discipline and scalable technology as key to the company’s growth trajectory.

The Future of AI-Orchestrated Trade

Andercore’s model reflects a broader shift in how traditional industries are being reshaped by AI. Rather than acting as a marketplace alone, the company positions its platform as an orchestration layer that manages pricing logic, risk assessment, logistics coordination, and financial structuring in a unified workflow.

If successful, this approach could signal a wider transformation in global trade. Industrial procurement — long characterized by manual negotiations and siloed systems — may increasingly operate as a data-driven, software-managed process. For suppliers and buyers alike, the implication is a more transparent, faster, and capital-efficient trading environment.

As AI continues to move from experimentation to infrastructure, platforms like Andercore suggest that even the most complex, asset-heavy sectors can be restructured around predictive systems and automated execution.