HomeTurkeyMyth.AI Raises $1.3M in Seed Funding

Myth.AI Raises $1.3M in Seed Funding

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Özgecan Üstgül
Özgecan Üstgül

Myth.AI, a Turkish tech startup providing an AI-driven pattern design tool, raised $1.3M in Seed funding.

Backers included Birkan Kül of Getir.com, Emre Kozlu and the founder of Turkish textiles firm Faik Ulutas.

The company intends to use the funds to help drive operations in the UK and explore new markets.

Led by Özgecan Üstgül, CEO and Founder, Myth.AI is an artificial intelligence-based state of the art pattern design tool that brings together designers and businesses. Thanks to its technology, green and digital transformation is provided to all sectors and meets the requirements of the 4.0 industry. Customers have pattern design by choosing designers & enterprises or professional model.

Myth.AI’s key features within existing fashion and textiles markets include:

  • Streamlines the creation of fabric patterns, textures, and motifs from visual or text prompts.
  • Reduces the risk of unsellable inventory, minimises waste, and accelerates the design process from days to seconds.
  • Aids designers in choosing fabric samples by simulating their look and feel in virtual environments.
  • Reduces the need for physical samples and physical prototypes and fittings, reducing material waste.
  • Enables digital experimentation with materials and patterns, allowing more informed decisions before physical garment production.
  • Enhances inclusivity and personalisation in fashion by designs to individual customer preferences.

Brands such as Ratti (Italy), Telater (Spain), Sun Textile, Elyaf Textile, Gama Textile, Zorlu Textile, Halmer Fabric (Turkey) are already deploying the technology, along with Vitra. 

FinSMEs

12/12/2023

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