The Prague-based investor, which typically invests between €2 million and €30 million per deal, is already involved in well-known German companies such as Vytal, Forto, and Zolar. As part of this funding round, existing investors Target Global and the London-based billion-euro fund Atomico also participated again.

Notably, this round has not been publicly announced either. Andercore remains true to its style, continuing to operate quietly and outside the usual media spotlight.

The startup received early backing from Project A, Foundamental, and a number of business angels. In total, more than €30 million has already flowed into the company over the past few years. Shareholder data shows that Project A currently holds just under 18%, while Target Global and Atomico each hold around 13%.

Wishing the team continued success!