[Funding alert] UK-based Fashion Brand Urbanic Secures $150M in Series C Round Funding
Nov 16, 2023 | By Startup Rise EU
![UK-based fashion brand Urbanic secures $150M in series C round funding. The Mirabaud Lifestyle Impact & Innovation Fund, D1 Capital Partners, a public-private hybrid investment firm based in New York, JAM Fund, and more investors participated in the round.](https://startuprise.co.uk/wp-content/uploads/2023/11/UK-based-Fashion-Brand-Urbanic-Secures-150M-in-Series-C-Round-Funding.webp)
UK-based fashion brand Urbanic secures $150M in series C round funding. The Mirabaud Lifestyle Impact & Innovation Fund, D1 Capital Partners, a public-private hybrid investment firm based in New York, JAM Fund, and more investors participated in the round.
Read also - UK-based Accenture Acquire 6point6
The funds will be utilised by the company to expand its reach to a wider global consumer base and accelerate the growth of its technology-driven and socially aware fashion designs. Urbanic, a fashion business headed by James Wellwood, aims to introduce innovative technologies to customers throughout the world.
It uses an exclusive Large Language Model (LLM) trained on multiple code bases to support its AI and machine learning-driven engine. This model is capable of producing fashion, creativity, and content powered by AIGC in a methodical manner while improving the industry's supply chain's overall efficiency.
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About Urbanic
London-based Urbanic is a globally fashion brand dedicated to using cutting-edge technology to strike a balance between sustainability and creativity.
They have dedicated ourselves since the beginning to providing customers with luxury apparel that combines innovation and social responsibility. They are regarded as one of the fashion merchants in important emerging areas that is growing the fastest.
Read also - Chasse sur Rhône-based Recyc’ELIT Raises €3.2M in Funding
They cordially invite you to join us on their mission to transform the fashion industry via the advancement of sustainability, technological adoption, and creative thinking.
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