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Urbanic, a London-based fashion brand known for its blend of creativity and technology, has announced the successful completion of its Series C funding round, securing $150 million worth of funding. Investors participating in this funding round include Switzerland’s Mirabeau Lifestyle Impact & Innovation Fund, D1 Capital Partners, JAM Fund, a New York-based public-private hybrid investment firm, and other global investors. , which includes Europe’s prominent luxury fashion families.
This funding will enable us to develop our AI technology, supported by a proprietary large-scale language model (LLM) trained on a variety of codebases, to generate fashion design, AIGC-based creative and content, and make overall improvements. The company’s mission to revolutionize the fashion sector is reinforced through the use of . Take supply chain efficiency to the next level in the fashion industry.
James Wellwood, a key figure on Urbanic’s leadership team, cited the brand’s partnerships with NGOs and initiatives such as the Urbanic Oasis Project, which aims to plant one million trees in Latin America. emphasized its commitment to social responsibility. The company’s commitment to empowering underprivileged communities extends to educational programs and collaborations that promote environmental stewardship.
“We are grateful for the support of our investors. Their funding will significantly accelerate our ability to bring new designs and apparel to customers in markets around the world,” Wellwood said in a company press release. Deaf,” he said.
Founded in 2019 with a vision to redefine the fashion world by making innovative design accessible and environmentally responsible, Urbanic is rapidly gaining attention from consumers around the world. Masu. Urbanic’s latest round of funding will accelerate the realization of its vision and accelerate the adoption of innovative design and sustainable practices across global markets. Focused on leveraging technology to positively impact society, Urbanic continues to lead the way towards a more ethical and inclusive fashion industry and set a precedent for responsible business practices in the modern era. .
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