Procuros raises €20M in Series A funding to develop its AI-native supply chain platform and expand internationally. The round was led by XAnge, with participation from existing investors.
Hamburg-based Procuros has raised €20 million in a Series A funding round. The funds will further develop its AI-native supply chain connectivity platform and support international expansion. Led by XAnge, the round included participation from existing investors Point Nine, Creandum, and b2venture, along with several angel investors. Procuros aims to streamline data exchange across supply chains using innovative infrastructure.
Company Information
Company
Procuros
Location
Hamburg, Hamburg, Germany
About
Procuros is a Hamburg-based software company developing infrastructure designed to simplify data exchange across supply chains. Their AI-native supply chain connectivity platform aims to replace traditional systems reliant on electronic data interchange, PDFs, and manual processes. By creating a common data layer, Procuros facilitates automated transactions and enhances communication between trading partners. The company seeks to enable autonomous supply chains by providing the necessary connectivity and data validation.
Fundz sees it the moment Procuros raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
HamburgSoftwareArtificial IntelligenceSupply Chain Management