Berlin, June 18, 2025 (GLOBE NEWSWIRE) -- * The company receives fresh capital from new investors Partech and AVP as well as from existing investors.

GNW News: Mercanis secures over USD 20 million in Series A round
Berlin, June 18, 2025 (GLOBE NEWSWIRE) -- * The company receives fresh capital from new investors Partech and AVP as well as from existing investors. * Mercanis enables over 40% process cost savings and supports Customers such as BASF Coatings, GASAG, Goldbeck, Wilson and Brose. * The funds will be used for the further development of AI and the upcoming Expansion plans, especially into the USA. Berlin, June 11, 2025 - In its latest Series A financing round, the Berlin-based start-up Mercanis, provider of Agentic AI-based Procurement solutions, raised over $20 million. The round was led by new investors Partech and AVP (AXA Venture Partners). In addition, existing investors such as Signals.VC, Capmont Technology and Speedinvest again. Well-known business angels such as Dr. Ulrich Piepel, Dr. Marcell Vollmer, Mirko Novakovic (Instana & Dash0) and Victor Jacobsson (Klarna co-founder) also reaffirmed their commitment to Mercanis. The fresh capital will be used to strengthen Mercanis’ leading position in to further expand the Agentic-AI area and to promote international expansion accelerate - especially with a view to market entry in the USA. Fabian Heinrich, CEO and co-founder of Mercanis, explains: ?The trust that both long-standing and new investors have given us is not only a strong confirmation of our mission, but also a key driver for our continuous pursuit of excellence. With this funding, we can further develop our AI solution and our international expansion - especially into the USA. In times geopolitical and economic uncertainty, our technology helps Companies far beyond Germany, resilient procurement processes to build, secure their supply chains and protect their profitability." Next-generation procurement with AI power Founded in 2020 by Fabian Heinrich and Moritz Weiermann, Mercanis pursues the Aim to redesign procurement processes with its Agentic-AI Procurement Suite think. The cloud-based platform combines purchasing, supplier management and contract management in one solution. Intelligent agents take over independently performs operational tasks, while AI continuously processes purchasing data analyzed, savings potential identified, strategic decisions improved and delivers measurable results - including over 40?% Process cost savings, a 2.5-fold increase in efficiency and a 12-fold Return on investment. "Mercanis has transformed the way we manage suppliers and Procurement projects have changed. What used to take days now takes now only hours. Automation and transparency help us to act faster and make better decisions - especially when we dealing with multiple stakeholders. It is a must for every Procurement team that wants to modernize," says Uwe Kreplin, Purchasing Manager GASAG. In addition to GASAG, customers include BASF-Coatings, Goldbeck, Wilson and Brose. Philippe Collombel, founding partner of Partech, says: ?In just a few years, Mercanis has established itself as a trusted partner for multinational companies - with impressive traction in Organizations that now spend billions of dollars on purchasing through platform." Magda Poslusny, Principal at Partech, adds: ?We are particularly impressed by the strength of the product and its ability to To achieve user acceptance. By automating central Procurement processes, Mercanis not only increases operational efficiency, but also enables significant cost savings - for example through a expanded supplier base. We are convinced that Mercanis is on the best way is to become a category-leading provider in the procurement sector." About Mercanis: Mercanis (https://www.mercanis.com/) offers an Agentic-AI Procurement Suite, which covers the entire procurement process - from supplier selection to to sign the contract. The solution comprises four central modules: Spend Analytics, Sourcing and Request for Quotation (RFx), Supplier Relationship Management (SRM) and Contract management. With the integrated Mercu AI Co-Pilot, recurring Tasks such as supplier search, risk assessment, intake management and Offer comparisons are automated - leading to significant increases in efficiency and over 40% process cost savings. Founded in 2020 by Fabian Heinrich and Moritz Weiermann, Mercanis supports well-known customers such as BASF-Coatings, GASAG, Goldbeck, Wilson and Brose in the digitalization of their purchasing processes. The company is based in Berlin and currently employs over 40 employees. About Partech: Partech (https://partechpartners.com/) is an international tech- Investment company headquartered in Paris and with offices in Berlin, Dakar, Dubai, Nairobi and San Francisco. Partech combines capital, operational experience and strategic support to support entrepreneurs from seed to growth phase. Founded 40 years ago in San Francisco, Partech today has assets under management of 2.5 billion euros and manages a current portfolio of 220 companies in 40 countries on 4 continents. Â
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