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Partech and AVP led a $20m Series A round in Mercanis.

Synopsis

Partech and AVP, venture capital firms, , led a $20m Series A round in Mercanis, a Berlin-based startup for agentic-AI procurement solutions, with participation from Signals.VC, Capmont Technology, Speedinvest, Ulrich Piepel, Marcell Vollmer, Mirko Novakovic (Instana & Dash0), and Victor Jacobsson (Klarna). "With this funding, we can expand our AI solution and accelerate our international expansion – particularly into the US In times of geopolitical and economic uncertainty, our technology empowers companies far beyond Germany to build more resilient procurement operations that safeguard their supply chains and protect their bottom line," Fabian Heinrich, Mercanis CEO and Co-Founder.

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