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Denmark’s Hakio secures €4M seed funding to transform fashion industry forecasting with AI, aiming to cut global waste and improve planning efficiency

PRIVATEFeb 22, 2024over 2 years ago

Amount Raised

€4 Million

Round Type

Seed

AarhusSoftware Development

Investors

FoundermentBlazar CapitalDreamcraft VenturesPeople Ventures

Description

Hakio, an Aarhus-based SaaS company, has secured a €4 million seed round led by People Ventures and Dreamcraft Ventures, with participation from existing investors Blazar Capital and Founderment. The funding will be used to expand the team, further develop the platform, and enter new European markets.

Company Information

Company

Hakio

Location

Aarhus, Central Denmark Region, Denmark

About

With our AI-powered demand forecasting platform, we help fashion and apparel companies make more accurate predictions about their future sales to optimise inventory levels. This enables planners in the fashion industry to reduce excess inventory and free up capital to avoid stockouts and costly overstock. All things that lead to leaner costs, better product availability, and last but not least, a CFO with a smile on their face. Say goodbye to complex forecasting processes and overly complicated Excel spreadsheets. With Hakio, you streamline your processes and centralise your data. This makes it easier to onboard new employees, collaborate internally, and ensure an understanding of trends and forecasts. The team behind Hakio brings decades of experience in fashion and retail. Collaborating closely with you and your team, we'll navigate the complexities of demand forecasting together. Expect a smooth onboarding process and personalized software to meet your specific needs.

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Funding Insights

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