Andercore lands €33.5M to modernise industrial trade in Europe
Berlin-based startup Andercore has raised €33.5 million in fresh funding to accelerate the rollout of its digital platform for industrial trade across Europe. The company aims to streamline how manufacturers, suppliers and distributors buy and sell industrial components, tackling a sector still dominated by offline processes and legacy systems.
Targeting a fragmented industrial supply chain
Andercore focuses on the highly fragmented market for industrial parts and equipment, where procurement often relies on phone calls, PDFs and outdated catalogues. By centralising offers from multiple suppliers and standardising product data, the platform promises faster sourcing, transparent pricing and reduced administrative overhead for buyers.
The startup’s technology uses data-driven procurement tools to match demand and supply, helping industrial buyers compare specifications, availability and delivery options in real time. For suppliers, Andercore provides a digital sales channel with integrated logistics, pricing and inventory management features.
Scaling a pan-European industrial marketplace
The new capital will be used to expand Andercore’s presence in key European markets and to deepen its product offering. Investment will go into engineering, onboarding new suppliers, and building local sales and support teams to serve mid-sized industrial companies and large enterprises.
Europe’s industrial sector is under pressure to increase efficiency and resilience amid supply chain disruptions, skills shortages and rising costs. Digital platforms like Andercore are positioning themselves as infrastructure for a more transparent and resilient B2B commerce ecosystem, enabling companies to diversify suppliers and gain better visibility over their purchasing.
Riding the wave of B2B digitalisation
While consumer e-commerce is mature, B2B marketplaces in heavy industry remain at an earlier stage of digitalisation. Andercore’s funding round signals growing investor confidence that industrial procurement is ready for a structural shift, driven by automation, data analytics and tighter integration between buyers and suppliers.
With fresh backing and a clear focus on industrial trade, Andercore is positioning itself as a key player in Europe’s next wave of digital infrastructure for manufacturing and engineering companies.