Technology is advancing faster as the day progresses! To keep up with the trend, fashion brands, and retailers need to be able to present their products quickly and digitally.
To make an impact among the masses, fashion brands must thoroughly understand consumers to develop and sell products that are genuinely relevant to them.
In an attempt to help them, Eindhoven-based PTTRNS helps fashion businesses digitize and better understand consumer needs to improve profitability, efficiency, and sustainability.
To further develop its platform and expand its international customer base, PTTRNS secured €2 million in a seed funding round from ECFG, an independent fund manager that advises, guides, and invests in SMEs active in the business-to-business segment.
“We are thrilled to have raised this funding and to be able to continue our mission of revolutionizing the fashion industry,” said Marco van Herpen, Founder and Managing Director of PTTRNS.ai. “By using AI-powered personalization and 3D visualization techniques, we can help fashion companies become more sustainable while also increasing their bottom line.”
Digitalizing fashion industry
Founded in 2019 by Marco van Herpen, PTTRNS focused on accelerating the digital personalization of the fashion industry.
The company’s SaaS platform enables brands to generate photorealistic images based on design patterns in an early development stage.
Additionally, the digitalized images can be used to present to consumers directly, deploying the AI platform that understands consumer behavior and desires.
The resulting “digital stylist” profoundly understands end-consumers on a personal level, providing advice to boost consumer confidence during the purchasing process.
Further, the solutions also provide better insight into customer needs, allowing fashion companies to refine their product offering and development.
“PTTRNS.ai has developed a truly unique solution that addresses a real need in the necessary transition of the fashion industry,” said Ruben Baijens, Investment director and partner of ECFG. “We believe in the company’s vision, its experienced senior management team, and the commitment to their feasible development roadmap. We are excited to be part of the growth of PTTRNS.ai within the fashion industry.”News Source: Techfundingnews