Berlin-based akirolabs, a SaaS platform for collaborative strategic procurement, announced that it has raised $5M (approximately €4.61M) in a seed round of funding. The funds will be directed towards advancing akirolabs’ SaaS product, strengthening its AI capabilities, and facilitating the expansion of customer growth and overall business operations. Besides the funding, akirolabs has appointed Jens Rassloff as Chairman of the Advisory Board, leveraging his extensive experience in tech, growth, innovation, and investment strategies. Founded in 2021 by Michael Pleuger, Detlef Schultz, Christoph Flöthmann and Tim Ergenzinger, akirolabs underscores a shift in procurement digitalisation from operational to strategic focus. In these challenging times, akirolabs does not just facilitate savings on price.” “Much more, our solution delivers tangible improvements in total cost and supply chain resilience, sustainability and agility, strengthening the competitiveness of our customers.”