October 17, 2021

Evaluation Notes

Companies we follow to track the market

ESG market.

A big world trend. ESG investing to reach $1 trillion by 2030*.

* cnbc.com 2021

1. Pachama.

1. What? Pachama is a technology company with the mission of restoring nature to solve climate change. By harnessing satellite data and machine learning Pachama is scaling verification, monitoring and exchange of nature-based carbon credits, helping enterprises achieve Net Zero targets.

2. Funding Rounds.

1. Mar, 2019, pre-seed round $150,000, from 3 investors

2. Jan, 2020, seed round. $4,100,000 from 5 investors

3.Sept, 2020, seed round $5,000,000 from 6 investors

4. Apr, 2021, A-round $15,000,000 from 13 investors

3. Leading investors.

LVMH, Breakthrough Energy Ventures, Lowercase Capital, Saltwater Capital, Y Combinator

4.Competitors

Persefoni, ClimateView, Climatiq

Carbon tracking software list.

https://www.crunchbase.com/lists/carbon-tracking-software/aaffd1d6-d3b9-4dd4-b149-a5d499c36409/identifiers

Fashion, e-commerce, AI, robotics market.

The global AI in fashion market size is expected to grow from USD 228 million in 2019 to USD 1,260 million by 2024, at a Compound Annual Growth Rate (CAGR) of 40.8% during the forecast period.
| * marketsandmarkets.com 2019

Key AI in Fashion Market Players:

The AI in fashion market comprises key solution providers, such as Microsoft (US), IBM (US), Google (US), AWS (US), SAP (Germany), Facebook (US), Adobe (US), Oracle (US), Catchoom (Spain), Huawei (China), Vue.ai (US), Heuritech (France), Wide Eyes (Spain), FINDMINE (US), Intelistyle (England), Lily AI (US), Pttrns.ai (Netherlands), Syte (Israel), mode.ai (US), and Stitch Fix (US).

1. Unspun.

1. Unspun is a robotics and digital apparel company building custom jeans for each consumer, on demand. A software B2B platform powering digital customization for multiple large apparel labels, and a National Science Foundation-backed hardware team working on the future of additive and automated apparel production. Headquartered in San Francisco, California, United States.

Powered by Fifty Years, Prelude Ventures, SOSV, and the H&M Foundation.

2. Funding Rounds.

  1. July, 2017. $250,000 / Grant from National Science Foundation
  2. Sept, 2018. $750,000 / Grant from National Science Foundation
  3. May 2019, $2,500,000 / Pre Seed from Fifty Years and SOSV
  4. Aug 2019, $750,000 / Grant from National Science Foundation
  5. Sept 2021 seed round $7500000 for US-Based Robotic Manufacturing

3. Leading investor. Fifty Years, National Science Foundation, Summer@Highland,

4.Competitors. Proper Cloth

2. Stitch fix.

1. Stitch Fix is a personal styling platform that delivers curated and personalized apparel and accessory items for women. Founded in 2011, the company is headquartered in San Francisco, California, United States.

2. Funding Rounds.

1. Jan 1, 2011 Seed Round $750000

2. Feb, 2013, Series A $4,800,000 by Baseline Ventures, Lightspeed Venture Partners

3. Oct, 2013 Series B $12,000,000 by Benchmark

4. Jun, 2014 Series C $25,000,000 by Benchmark

5. Nov, 2017 $36,900,000 Venture Round

Their finance report https://investors.stitchfix.com/static-files/66e65d44-e6e3-4028-b203-06ea58af6a64

3. ThredUP.

1. ThredUp is a fashion resale marketplace that enables individuals to buy and sell clothing for women and children.

ThredUP is transforming resale with the mission to inspire a new generation of consumers to think secondhand first. By making it easy to buy and sell secondhand, ThredUP has become one of the world's largest resale platforms for women's and kids' apparel, shoes and accessories. ThredUP is extending the life cycle of clothing, changing the way consumers shop and ushering in a more sustainable future for the fashion industry.

2. Funding Rounds.

1. Feb , 2010 Seed Round $220,000

2. Jul, 2010, Series A $1400,000 by Trinity Ventures

3. May, 2011 Series B $7,000,000 by Redpoint

4. Oct, 2012 Series C $14,500,000 by Highland Capital Partners

5. Jul 29, 2014 Series D $25,000,000 by 7 investors

6. Sep 10, 2015 Series E $81,000,000 by Goldman Sachs Investment Partners

7. Aug 21, 2019 Series F $175,000,000 by Irving Investors, Park West Asset Management

4. Competitors.

Letgo, Vestiaire Collective, The RealReal and Poshmark.

https://www.earthsfriends.com/swap-vs-thredup-vs-poshmark-vs-tradesy-vs-realreal-vs-depop/

Smart Products/ Service Market Leaders

The global smart manufacturing market is projected to grow from $249.46 billion in 2021 to $576.21 billion in 2028 at a CAGR of 12.7% between 2021 to 2028.

| * fortunebusinessinsights.com 2021

1. Eleksen (UK)

It is the smart workforce safety innovation from Wearable Technologies Limited, a company committed to delivering data driven solutions.

1. Service/ product

WTL connected worker ecosystem, wearables.

2. Industries/ main clients

Construction, logistics, utilities, rails.

4. Partners.

AT&T, MachineMax, T2S, Pulsar High Performance Apparel, Orbit international, Bunzl, Kit Design Technical wear.

5. Notes (something important, why it's leading)

2. Guardhat (USA, Detriot)

GUARDHAT IS A MULTI-PRODUCT, PROFESSIONAL-CALIBER, FEATURE-PACKED INTELLIGENT SAFETY SYSTEM THAT INTEGRATES CUTTING EDGE WEARABLE TECHNOLOGY AND ADVANCED PROPRIETARY SOFTWARE. IT IS EQUIPPED TO DETECT, ALERT AND HELP PREVENT HAZARDOUS INDUSTRIAL WORK-RELATED INCIDENTS.

1. Service/ product

Software, Kyra IIoT Platform, SCC: Safety Control Center, Wearables, Analytics, HC1 Communicator, HF1 Finder, TA1 Tag, TA1 Tag

2. Industries/ main clients.

Chemical, forestry & loggers, manufacturing, construction.

3. Notes

https://techcrunch.com/2021/04/15/building-tech-for-worker-safety-guardhat-technologies-is-a-company-that-could-only-come-from-detroit/

3. Hexoskin

Hexoskin develops smart clothing with the ability to deliver predictive health analytics for health, fitness, and wellness.

1. Service/ product

Hexoskin- smart garments , connected health platform. Astroskin space-grade smart garments (state-of-the-art continuous real-time monitoring for48 hours of blood pressure, pulse oximetry, 3-lead ECG, respiration, skin temperature, and activity).

2. Industries/ main clients

Healthcare, space. Client- Virgin Galactics

3. Competitors.

https://www.sensoriafitness.com, https://shop.liveathos.com/ https://smartclothinglab.com/brands/#google_vignette

Exits & Acquisitions.

To look here https://www.crunchbase.com/hub/fashion-companies-that-exited

1. PISIQ

 https://www.marketscreener.com/quote/stock/GRAPHENE-MANUFACTURING-GR-121503977/news/Graphene-Manufacturing-Dubai-s-R-D-Firm-PISIQ-chose-to-go-to-Space-using-Graphene-PISIQ-explained-35495400/When,

how much they raised,

who gave it and what evaluation