Business
Hong Kong Fashion Tech Start-Up Code-Create Eyes Expansion: Targets Mainland China, South Korea with $2M Funding Goal
Fashion tech start-up from Hong Kong secures funding, targets expansion in mainland and South Korea
Code-Create, a local start-up, has set its fundraising goal at a minimum of US$2 million by the close of 2025 to support its immediate expansion strategies
Code-Create, a local start-up, has set its fundraising goal at a minimum of US$2 million by the close of 2025 to support its immediate expansion strategies
Code-Create, a software firm from Hong Kong specializing in fashion design, is collaborating with a domestic venture capital fund to secure funding for its growth strategy. Initially, the company aims to penetrate major markets in mainland China and South Korea.
The new business venture is targeting to accumulate a minimum of $2 million by the conclusion of 2025, aided by its investment collaborator, Eschange Capital. The capital raised will be directed towards marketing efforts, team expansion, and software upgrades to fulfill its objectives.
"China possesses immense market possibilities," stated Kim Wong, co-founder and CEO, during a press conference on Monday. He also mentioned that Code-Create is already established on numerous social platforms within the mainland and has a diverse client base. "Our aim is to penetrate the worldwide market."
AiDA software, an AI-driven Interactive Design Assistant for Fashion, employs various AI techniques to support designers during the ideation and design phases. This speeds up the product development journey from the initial creative idea to the product's market introduction.
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