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CLO Virtual Fashion acquires digital materials provider Swatchbook

CLO Virtual Fashion, the parent company of 3D fashion design software CLO, has acquired Swatchbook, a digital materials solutions provider. Through the takeover, CLO said it is now positioned “as the largest digital fabric database company in the world”. The deal between the two companies builds on an existing relationship that the duo first...

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Raspberry AI secures 24 million US dollars in funding round

Raspberry AI, the generative AI platform for fashion creatives, has secured 24 million US dollars in Series A funding led by Andreessen Horowitz (a16z). The company’s existing investors Greycroft, Correlation Ventures and MVP Ventures also joined in the round, along with notable angel investors, including Gokul Rajaram and Ken Pilot. In a...

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