LONDON – Fashion technology specialist PlatformE has announced the acquisition of Catalyst AI as it looks to leverage the firm’s artificial intelligence capabilities and streamline on-demand manufacturing.
PlatformE has worked with the likes of Dior, Gucci, Puma and The North Face to date, enabling them to minimise apparel waste via accurate forecasting, logistical and production solutions.
The company’s co-founder, Gonçalo Cruz, commented: “We’re delighted to strengthen our capabilities with Catalyst AI’s innovative intellectual property, and will benefit immensely from the team’s expertise and their network of talent in one of the world’s leading data science ecosystems.”