2 years ago

Urbanic Raises $150 Million in Series C to Expand Sustainable Fashion Globally

  • Urbanic, a London-based fashion brand, has secured $150 million in Series C funding led by Mirabaud Lifestyle Impact & Innovation Fund, D1 Capital Partners, JAM Fund, and other investors

  • The company plans to utilize the funding for accelerating growth and expanding its technology-driven and socially responsible fashion designs to a wider global audience

  • Urbanic's innovative approach involves leveraging AI and machine learning to streamline its operations and create cutting-edge designs, ultimately aiming to revolutionize the fashion industry.

      • ProblemFashion

      "The fashion industry is slow, inefficient, and not always environmentally friendly, which makes it hard for brands to respond to consumer needs and produce stylish clothes sustainably."

      Solution

      "Urbanic uses AI and machine learning to create and sell clothes that are on-trend and sustainable, while also streamlining the supply chain to make it faster and more efficient."

      Covered on