Laws of Motion raised $5 million in seed funding for AI FitTech licensing for brands and retailers.
May 16, 2024•over 1 year ago
Amount Raised
$5 Million
Round Type
seed
Investors
Corazon Capital
Description
Laws of Motion raised $5 million in seed funding to further develop its AI FitTech technology and expand its offerings to other brands and retailers. The funding will also support the company's mission to create a more inclusive fashion industry and reduce the environmental impact of fast fashion.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers