Business
Hong Kong Fashion Tech Startup Code-Create Eyes Mainland China and South Korea Expansion, Seeks $2 Million in Funding by 2025
Hong Kong's fashion technology start-up secures funding, targets growth in mainland and South Korea markets
The homegrown start-up Code-Create plans to accumulate a minimum of US$2 million by the close of 2025 to finance its immediate expansion strategies.
Code-Create, a software company from Hong Kong that specializes in fashion design, is partnering with a domestic venture capital firm to secure funding for its growth strategy, initially focusing on critical markets in mainland China and South Korea.
The new business venture intends to gather a minimum of US$2 million by the close of 2025, assisted by its strategic investment partner, Eschange Capital. The financial resources gathered will be allocated towards marketing efforts, team expansion, and software improvements to accomplish their objectives.
"China holds massive opportunities as a market," stated Kim Wong, the co-founder and CEO, during a press conference on Monday. He also mentioned that Code-Create is already established on several social platforms on the mainland and within its customer base. "Our goal is to tap into the international market."
The AiDA software, also known as the AI-driven Interactive Design Assistant for Fashion, employs various AI technologies to assist designers throughout the creative and design stages. It speeds up the process of product development from the initial idea to the final product launch.
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