MannyAI has secured €1.53 million in pre-seed funding, led by Dreamcraft Ventures, to enhance its technology solutions aimed at revolutionizing the apparel and footwear industries through sustainable, just-in-time manufacturing.
Target Information
MannyAI is an innovative tech company focused on revolutionizing the apparel and footwear industries through advanced production strategies. Recently, the company announced the successful completion of a €1.53 million pre-seed funding round, which was led by Dreamcraft Ventures, alongside contributions from significant investors such as Alante Capital, Plug and Play Tech Center, Carbon13, Ventures Together, and PDS Limited Ventures.
This funding will enhance MannyAI's mission to mitigate overproduction and better align supply with demand. By implementing just-in-time, small-batch production techniques, MannyAI aims to modernize traditional manufacturing processes, facilitating collaboration between consumer brands and their suppliers.
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Industry Overview in the Apparel Sector
The apparel industry in Europe is witnessing a significant transformation as sustainability and efficiency become central to its operational frameworks. As manufacturers
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Dreamcraft Ventures
invested in
MannyAI
in 2023
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $2M