Raspberry AI, a generative AI platform for fashion designers, founded in New York, has raised $4.5 million in seed money.
Backers included Michael Mente, Yael Aflalo, Michael Broukhim, Daniel Broukhim, MVP Ventures, MVP Ventures, William F. Detwiler, Greycroft, and Khosla Ventures.
The company plans to use the money to increase both its development and operational efforts.
The fashion sector may enhance profitability and speed-to-market by utilizing Raspberry AI’s Generative AI platform for fashion product development, spearheaded by CEO and Founder Cheryl Liu.
Fashion brands and merchants may build designs that are highly sought-after and likely to be purchased in a matter of minutes by using the software to assess consumer demand.