Paris-based Pretty Made, a scale-up centered on sustainable style, at this time introduced it has raised €15 million in funding to speed up its transformation right into a “pure expertise participant“.
The funding spherical was led by BNP Paribas Photo voltaic Impulse Enterprise Fund, GET Fund, ETF Companions and Frenchfounders, highlighting the corporate’s intent to leverage technological innovation to deal with the environmental and societal challenges within the style business. The funding will probably be used to additional develop Pretty Made’s expertise platform, increase its crew of specialists, and speed up its world enlargement.
“Creating a sturdy SaaS platform permits us to help manufacturers in addressing the environmental and social challenges of tomorrow. By combining traceability, ecodesign, and shopper transparency, we’re equipping the style business with the instruments wanted to drive significant change,” says Laure Betsch, Co-founder of Pretty Made.
Based in 2018, Pretty Made gives a turnkey resolution to assist style manufacturers transition to extra sustainable manufacturing by providing an evaluation of the environmental affect of textile and leather-based merchandise.
Pretty Made has developed a 360° SaaS platform that enhances provide chain visibility and helps manufacturers in assembly business calls for for transparency.
Its SaaS platform allows manufacturers to hint each step of their provide chain and precisely measure the environmental and social affect of their merchandise. Digital passports flip experience into worth for customers by providing clear particulars on uncooked materials origins, manufacturing processes, and the environmental affect of every product.
“After six years of development, our worldwide enlargement displays our ambition to grow to be the worldwide chief in sustainable style. We’re proud to help manufacturers worldwide (Versace, LVMH, Paul Smith, SMCP, ba&sh, One other Tomorrow, A.P.C, Courrèges…) of their transition towards better transparency and duty,” provides Camille Le Gal, Co-founder of Pretty Made.
Pretty Made’s dedication to leveraging expertise extends past provide chain transparency. By introducing instruments just like the Ecodesign module, the corporate helps manufacturers to take actionable steps on the earliest phases of manufacturing. Collectively, these improvements present complete options that deal with the rising demand for transparency whereas enabling manufacturers to minimise their environmental footprint proactively.
“BNP Paribas Photo voltaic Impulse Enterprise Fund is thrilled to help Pretty Made in its mission to drive a extra sustainable future for style, aligning with our dedication to advancing the ecological transition. As soon as a nice-to-have, provide chain visibility has now grow to be a important first step in implementing sustainable practices. Already a key participant within the business, Pretty Made leverages its cutting-edge SaaS platform to ship transparency and traceability at scale, whereas its newly launched Ecodesign module addresses the rising demand for actionable change throughout the business.
“Backed by a visionary crew, the Firm’s revolutionary options have already earned the belief of a formidable roster of flagship purchasers. With this spherical, we’re excited to help the corporate’s world enlargement and its continued affect on making a extra sustainable future.” stated Laura Wirsztel, Companion at BNP Paribas Photo voltaic Impulse Enterprise Fund.
Previously 5 years, Pretty made has raised €5 million, opened a further workplace in Milan, employed 80 folks, and gained the belief of over 100 manufacturers.
“The Pretty Made crew developed the main provide chain transparency software program for the textile and attire business. The funding in Pretty Made displays our dedication to empowering companies to drive sustainable development and foster extra equitable, accountable provide chains. It aligns completely with the Triple High Line methodology, GET Fund’s’ affect investing strategy,” stated Beatrice-Carla Böhm, Principal at GET Fund.
“At ETF Companions, we recognise the numerous potential of Pretty Made’s revolutionary strategy to produce chain transparency and affect evaluation within the style business. Their platform aligns with our imaginative and prescient for a extra sustainable future, and their spectacular development—creating 100 million digital passports in simply six years—demonstrates the scalability of their resolution. We’re proud to help Pretty Made as they empower manufacturers to make data-driven choices for a extra moral and environmentally aware style business,“provides Lucy Rands, Companion at ETF Companions
“We’re proud to as soon as once more help Pretty Made’s worldwide development by leveraging the energy of Frenchfounders’ intensive enterprise retail community. This dedication aligns completely with the mission of our funding platform,” stated Géraldine Le Meur, Companion at Frenchfounders.
