Procuros raises €20M Series A led by XAnge

Who led Procuros’s €20 million Series A?

Procuros said it raised a €20 million Series A on October 6, 2026, in a round led by XAnge. The Hamburg-based company said the new capital will support growth across Europe and the US as it builds what it calls AI supply chain infrastructure.

Tech.eu separately reported the same €20 million Series A and said the startup is developing an AI-native supply-chain connectivity platform. According to Tech.eu, the funding will support go-to-market expansion, further product development and international growth.

What does Procuros’s platform do?

Procuros is building infrastructure to simplify how businesses exchange data across supply chains. Tech.eu said the company is focused on documents such as orders, dispatch advices and invoices, which in many cases still move through traditional EDI, individual integrations and manual workflows.

The same reporting says many transactions still arrive as PDFs, spreadsheets or even fax, forcing teams to enter data manually, track documents, correct errors and handle exceptions. Procuros’s model is to let companies connect once and then exchange data with trading partners regardless of their systems, formats or technical capabilities. The platform validates and harmonises the data it receives, creating a common data layer that can also support AI agents.

An API-directory listing describes Procuros as a Hamburg-based B2B digital-trade platform that supports automated exchange of orders, invoices, shipping notices, product catalogs and related documents across EDI, PDF and Excel workflows. The listing also says Procuros offers connectors for SAP, Microsoft Business Central, Oracle, Odoo, Weclapp, Xentral and JTL, plus an AI-powered Order Agent for PDF and email orders.

Who else invested, and how much capital has Procuros raised?

Alongside XAnge, W23 Global joined the round as a new investor, according to Retail Tech Innovation Hub. Existing backers Point Nine, Creandum, b2venture and SquareOne also participated, together with angel investors, Tech Funding News reported. Tech.eu confirmed participation from Point Nine, Creandum and b2venture, plus several angel investors.

Retail Tech Innovation Hub said the round brought Procuros’s total funding to €34 million, a figure also repeated in the source material, though the total was not independently verified in the available coverage. Tech Funding News said the company has more than 300 business customers across DACH and the UK and that more than €3 billion in annualised order volume flows through the platform.

Retail Tech Innovation Hub also reported customers including Breuninger, Chefs Culinar, KoRo, flaconi, The Quality Group (ESN) and Hitschler. Tech Funding News likewise said the company serves more than 300 businesses and named those customers.

How will Procuros use the money?

Procuros said it will use the new capital to scale sales and go-to-market activity, further develop its AI-native supply-chain infrastructure, and expand internationally across Europe and the US. Tech.eu reported the same use of funds and said the company wants to accelerate international expansion while enabling AI agents to manage more workflows across companies and markets.

In Tech Funding News, XAnge partner Valerie Bures-Bönström said Procuros had "proven the model at scale in DACH" and saw an opportunity to establish a new category for global B2B trade. The company’s pitch is built around connecting trading partners once, then reusing a validated data layer to reduce manual work and support more automated supply-chain transactions.

The SaaS News said Procuros is led by CEO and co-founder Patrick Thelen and that the company provides infrastructure intended to let retailers, suppliers and AI agents exchange trusted data for autonomous supply chains. Procuros was founded in Hamburg in 2021 by Patrick Thelen and Benjamin Bradford, according to Tech Funding News.