Vienna-based fashion robotics startup Silana has raised €1.5 million in a funding round from SOSV, HAX, OÖ HightechFonds, and Material V. This investment will support Silana's development efforts, helping to advance its sewing technology.
- Founded in 2022 by Anton Wohlgemuth, Michael Mayr, and Michael Hofmannrichter, Silana develops robots to fully automate the sewing process in the fashion industry, enabling the entire value chain from fabric roll to finished garment without human intervention. This technological innovation promotes sustainable, quick, and cost-effective clothing production, even in high-wage countries like the USA.
- According to Silana, its robot offers remarkable improvements over traditional sewing methods. Specifically, it is claimed to be 4 times faster, 12–15 times more efficient, save 38% on costs, reduce CO2 emissions by 90%, and reduce defects by 90%.
- Silana employs a team of 8 and operates around 200 stores in Austria and Germany. In addition, it partnered with several firms from the fashion and tech industries, including HAX, AUBO, Fill, Trigema, AWS, Schmachtl, FUSSL, and OOE Hightech Fonds.
Details of the deal
- The current capital was led by SOSV, a Princton-based VC firm. The funding round also saw participation from several key investors, including San Francisco-based VC HAX, OÖ HightechFonds, and Material V, a venture capital firm specializing in investments in software and tech startups.
- With the current funding, Silana intends to focus on its development efforts, aiming to advance its innovative sewing robotics technology. The company is committed to delivering its first machine by next year.
