Post by Philipp Andernach
CEO and Founder, Andercore
UniCredit and KfW are providing Andercore with a €30M Revolving Credit Facility. Andercore is an AI-native supplier of industrial materials. We source from global partners and sell to European customers on our own account. Credit facilities are what scale that model – every facility we add lets us run more trade and distribution at once. This facility brings UniCredit in alongside KfW and lets us fund growth with the right instrument: more volume, more customers, and the continued build-out of the infrastructure layer for industrial supply chains – delivering best-in-class industrial materials at the speed of compute. Working with institutions like UniCredit and KfW is exactly the kind of partnership a business at this scale runs on. Thank you to the teams at both banks and to everyone at Andercore driving this growth. Full announcement in the first comment. To everyone who got us here: thank you. Elsa Cordonnier Atomico Inven Capital Project A Target Global Florian Heinemann Andreas Helbig Niklas Zennström Petr Míkovec Petra Sokolová Khalil Hefaf Philipp Kreibohm Johannes Kreibohm Martin Rost Robert Maier Carmen Alfonso Rico 🍫 Jochen Engert Daniel Krauss Gisbert Ruehl Max Burger Louis Pfitzner Sander van de Rijdt İskender Dirik Felix Leuschner Marc McCabe Ramin Niroumand Dr. Ricardo Schäfer Isabelle Müller Patrick Lindstaedt Nadine Schimroszik Martin Coulter Tamara Djurickovic