Didero, a startup revolutionizing global manufacturing procurement, has secured $30 million in a Series A funding round.
The investment, co-led by Chemistry and Headline with participation from Microsoft's M12 venture fund, aims to scale its agentic AI platform that puts procurement on full autopilot.
Agentic AI Transforms Supply Chain Chaos
Didero's platform layers on top of existing ERP systems, ingesting natural language communications like emails, WeChat messages, and purchase orders to automate sourcing, negotiation, and payments.
From a simple request like "I need a good" to final payment, the AI handles the entire process without human intervention, addressing longstanding pain points in global trade.
Founders' Real-World Experience Drives Innovation
CEO Tim Spencer founded Didero in late 2023 after selling his e-commerce startup Markai, where pandemic-era supply chain struggles highlighted manual procurement inefficiencies.
Spencer teamed up with Lorenz Pallhuber, a McKinsey procurement expert, and Tom Petit, former technical co-founder of Landis, to tackle these challenges with generative AI.
The company now serves dozens of customers, including a provider of sustainable plant-based packaging, demonstrating early real-world impact.
Standing Out in a Crowded Market
Unlike competitors like Levelpath, Zip, Oro Labs, Cavello, and Pietra that focus on corporate buying or partial sourcing, Didero manages the full procurement lifecycle for manufacturers and distributors.
This funding comes at a pivotal time as manufacturers seek AI-driven efficiencies amid rising global trade complexities and geopolitical tensions.
Looking ahead, Didero plans to expand its autopilot capabilities, potentially reshaping how companies handle raw material sourcing worldwide.
“Global trade runs on natural language communication,” Spencer noted, emphasizing the AI's role in decoding unstructured data.
Alfred Lee
