Venturous Group Leads Series A Investment Round In Ai-Collaborated Fashion Platform, Westyle.Ai
07/15/21, 4:56 AM
Location
beijingRound Type
series a
Venturous Group, China's first CitytechTM Group, is establishing a foothold in China's fast-growing US$220 billion online apparel, footwear, bags and accessories market by investing an undisclosed amount as the lead investor in the Series A funding round of AI start-up, WeStyle.ai. The investment is Venturous' first in Smart Commerce, and raises the Group's ecosystem investment verticals from four to five.
Company Info
Location
beijing, beijing, china
Additional Info
WeStyle Technology Inc. ("WeStyle.ai") operates WeStyle.ai, an AI-stylist collaborated shopping platform for personalized fashion. Its mission is to empower men, women and children to look their best based on their unique styles and body sizes by combining the power of Artificial Intelligence technologies with the human touch of the company's fashion stylists. By virtue of its highly personalized services, WeStyle.ai aims to build China's most customer-centric fashion e-commerce platform. The company's operations are based in Shenzhen, known as "the Silicon Valley of China" and a major apparel manufacturing hub. WeStyle.ai was founded by serial Internet entrepreneur Dr. Song Li and four other former senior executives from Zhenai.com, China's largest online dating company. Dr. Li serves as the company's Chairman and Mr. Ren Tao, former COO of Zhenai.com, as the company's Chief Executive Officer.