- June 15, 2017
- Posted by:
- Category: FundingSMEs.com
SoftWear Automation has raised $4.5 million in Series B funding.
Founded in 2007, SoftWear Automation provides sewing worklines for home goods, footwear and apparel. The company’s fully automated Sewbots™ allow manufacturers to movie their supply chains closer to the customer while creating products at a lower cost.
The new financing will be used to accelerate the development of fully automated sewn good worklines specifically for apparel production in the United States and add 20 employees.
|Founder / CEO||KP Reddy|
|Investors||CTW Venture Partners|
|Previous Investors||same as above|