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German-based Torg raises €2.7M for its AI-powered product sourcing platform - Silicon Canals

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Berlin-based Torg, a B2B startup digitising product sourcing to bring buyers and suppliers together, has raised an oversubscribed €2.7M Seed round to transform food & beverage sourcing with its AI-powered platform. The funding will fuel the company’s platform development, supplier database expansion, and the creation of more “intuitive” tools to streamline sourcing processes. The investment was led by Connect Ventures. Existing investor FoodLabs and new investors, including Sondo, Ventures Together, Sameer Singh, and Jonas Meynert (co-founder of Lanch), also participated. Sitar Teli, Partner at Connect Ventures, says, “The drivers are clear – consumers are demanding transparency, certifications, and lower prices for the food they purchase and grocers and wholesalers are looking to own more of their supply chain in response.” “Torg enables this by creating the first digital sourcing platform for private label food and beverage, bringing sourcing decades ahead from where it is now.” Co-f

Berlin-based Torg , a B2B startup digitising product sourcing to bring buyers and suppliers together, has raised an oversubscribed €2.7M Seed round to transform food & beverage sourcing with its AI-powered platform. The funding will fuel the company’s platform development, supplier database expansion, and the creation of more “intuitive” tools to streamline sourcing processes. Investors supporting Torg The investment was led by Connect Ventures . Existing investor FoodLabs and new investors, including Sondo, Ventures Together, Sameer Singh, and Jonas Meynert (co-founder of Lanch), also partici

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