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# Berlin's Mercanis raises EUR 17.3 million Series A for agentic AI procurement
- URL: https://sovereigntymonitor.eu/news/2025-06-18-mercanis-series-a-funding/
- Published: 2025-06-18T12:00:00.000Z
- Updated: 2026-10-21T04:03:19.000Z
- Description: Berlin's Mercanis raised EUR 17.3 million in a Series A round led by Partech and AVP to grow its agentic AI procurement platform, including a planned US market push.
- Author: Reidar Balstad
- Tags: Industry, investment and R&D, #news, #verified, #editor-read

Verified Editor-read [Mercanis newsroom, 18 June 2025](https://www.mercanis.com/newsroom?ref=sovereigntymonitor.eu)

**What it does not test.** Does not establish that the platform reduces Europe's reliance on non-European enterprise procurement software.

**How this item counts.** This item is dated before the index starts on 1 January 2026, so it does not count in the [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/).

**How this item was made.** Drafted by an AI system (Claude (Anthropic)) from the source cited above; read and approved by the editor on 2026-10-20\. [How the record is made](https://sovereigntymonitor.eu/method/#how-the-record-is-made)