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Twinco Capital scores €3M for its supply chain finance solution

TechCrunch

The entire process is digital, promising a quick decision and fast deployment of funds, and is powered by Twinco’s supply chain analytics and the data it is able to access by partnering with both sides of the supply chain. Take any global supply chain, such as apparel, automotive, electronics etc.

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Stop guessing your KPIs; Varos shows e-commerce, SaaS companies how you compare to peers

TechCrunch

If your customer acquisition cost spikes, it could be a market trend. Users get a dashboard where they can compare to, for example, an apparel company spending $100,000 a month on digital marketing with average order values of a certain amount and get a graph of how that has moved over time. On the other side are the trends.

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Observability startup Better Stack lands $18.6M in new cash

TechCrunch

The observability market has matured in recent years with the growth of vendors like Datadog , New Relic , PagerDuty and the aforementioned Splunk. Masar, who has several startups under his belt, previously was the VP of engineering at Represent.com, an apparel e-commerce merchant. But there’s room for improvement.

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Lily AI lands new capital to help retailers match customers with products

TechCrunch

Meta has also experimented with apparel attribute prediction for Facebook Marketplace, two years ago showcasing a system that could extract clothing attributes and fashion styles from photos of models on Instagram and Flickr. .

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Voila raises $6M for its A.I.-powered storefronts for online creators

TechCrunch

Voila , a startup building infrastructure for social commerce, is bringing concepts from China’s e-commerce market to the U.S. To train its model, Voila crawled around 50 million fashion and style photos and learned north of 300 different attributes that relate to apparel items. Image Credits: Voila.

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Nexite raises $67M for its new approach to tagging and tracking merchandise in physical stores

TechCrunch

She describes Nexite’s solution as the “only tech in the market” that doesn’t require a battery to be able to transmit substantial data at a long range. Nexite’s early customer list speaks to a strong start in selling its concept and product to the market.

Retail 225
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Why Apparel Brands Should Implement a Next-Generation ERP Solution Today – and How to Achieve It, Part 1

Capgemini

In response, apparel companies must make fast, fundamental changes to their business. That would be retail (neck and neck with insurance), according to Research and Markets. But exactly how have the stars aligned around apparel-industry challenges and the ERP opportunity? But for apparel brands, there were gaps in functionality.

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