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akirolabs Raises $5M in Seed Funding to Revolutionize Strategic Procurement

Newswire.ca - Mon Jan 29, 8:00AM CST

BERLIN, Jan. 29, 2024 /CNW/ -- akirolabs, a Berlin-based ProcureTech startup, enabling enterprises worldwide to augment strategic procurement processes, announced that it has raised $5M in its recent seed funding round.

Investors in this round included HTGF, OTB Ventures, D11Z. Ventures, and Switzerland's Serpentine Ventures, alongside angel investments from industry leaders such as Fredrick Spalcke (ex-CPO of Phillips & Huawei), Heiko Schwarz (CEO of riskmethods), Markus Ehrle (VP and General Manager EMEA at ServiceNow), and Detlef Schultz (former CEO of the Vodafone Procurement Company).

Notably, akirolabs has also appointed Jens Rassloff as the Chairman of the Advisory Board. Jens holds similar roles at Coparion, Parloa, and d.velop and brings a wealth of knowledge and experience in the tech industry, specifically in the areas of growth, innovation, and investment strategies.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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