Urbanic, a London, UK-based fashion brand, raised $150M in Series C funding.
The round saw participation from Mirabaud Lifestyle Impact & Innovation Fund, New York-based public-private hybrid investment firm D1 Capital Partners, JAM Fund, and other investors.
The company intends to use the funds to accelerate its growth and expansion of technology-driven and socially responsible fashion designs to more global consumers.
Led by James Wellwood, Urbanic is a fashion brand focused on bringing creativity and technology to global consumers. It leverages an AI and machine learning-based model technology-driven engine, supported by its proprietary Large Language Model (LLM) trained on a variety of code bases, which is capable of systematically generating fashion, creativity and content powered by AIGC, and improve the overall efficiency of the supply chain for the industry.
FinSMEs
15/11/2023