Business
Hong Kong Fashion Tech Start-Up Code-Create Eyes Expansion: Securing Funds for Mainland China and South Korea Markets
Hong Kong-based fashion tech start-up secures investments, targets expansion in mainland China and South Korea
The homegrown start-up Code-Create is looking to secure a minimum of $2 million in funding by the close of 2025 to support its immediate expansion goals.
Code-Create, a software company from Hong Kong that specializes in fashion design, is partnering with a domestic venture capital fund to generate funds for its growth strategy. Initially, it aims to penetrate significant markets in mainland China and South Korea.
The new business is targeting a minimum of $2 million in funding by the close of 2025, through the assistance of Eschange Capital, their strategic financial ally. The capital raised will be channeled towards marketing efforts, team expansion, and software upgrades in order to realize their objectives.
"China holds massive business prospects," stated Kim Wong, the co-founder and CEO, during a press conference on Monday. He further noted that Code-Create already has an established footprint on several social platforms in mainland China and a robust client base. "Our goal is to tap into the international market."
Their AiDA software, short for Artificial Intelligence-based Interactive Design Assistant for Fashion, employs various AI technologies to assist designers throughout the creation and design process. It speeds up the product development cycle, from the initial creative idea to the final product launch.
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