Andercore

About Andercore

Andercore is the AI-native supplier of record for industrial materials and goods in Europe, starting with energy and infrastructure. Andercore signs the contract, takes title, carries the credit and delivers. It does not manufacture, and it is not a marketplace.

Industrial procurement in Europe is a €900 billion market a year and still runs on people: 95% of buyers have no direct access to global supply, and materials pass through four or five intermediaries before they reach a site. Andercore buys from global sources and sells to European customers on its own account. Its AI runs the full trade end-to-end: sourcing, quality assurance, pricing, quoting, sales, logistics and embedded financing. One request, a firm quote in minutes, delivered on time, with up to 60 days of payment terms priced into the quote. The model is asset-light: no warehouses, no fleet, no inventory risk. Every trade is pre-sold before it is bought, and the working capital behind it is bank-funded, not equity-funded.

Founded in Berlin in 2021, Andercore operates across seven European markets with offices in Germany, the Netherlands, the UK and China and serves SME, mid-market and large industrial buyers. The company has raised $90 million in equity and debt from Atomico, Project A, Target Global and Inven Capital, with working capital facilities from UniCredit and KfW.