VICEVERSA, a South Korea-based generative AI fashion startup, secured KRW 1.25 billion in a pre-Series A funding round.
SaaS Investors
The investors in the round include Thanks Ventures and Space Asset Management.
Thanks Ventures is a venture capital firm. It offers seed-stage funding and support to startups, enabling them to concentrate on growth.
Space Asset Management is an asset management company that grows alongside its customers and prioritizes customer trust.
VICEVERSA Use of Funds
The funding will support the company's efforts in advancing its specialized AI for fashion and expanding its partnerships with brands.
About VICEVERSA
VICEVERSA operates the VIIM fashion community service, which uses generative AI technology. The startup recently introduced the VIIM photo shoot service, allowing users to create diverse fashion experiences through generative AI. The company has already formed partnerships with renowned domestic fashion and beauty brands, including KOLON, Noldi, Big Park, Kye, HOLYNUMBERSEVEN, Beenee, Big Park, D'ANTIDOTE, Kwak Hyun Joo Collection, and Amuse, offering users creative and diverse fashion experiences. Additionally, VICEVERSA is facilitating fashion brands in seamlessly integrating artificial intelligence, expanding their interactions with users.
Funding Details
Company: VICEVERSA Co., Ltd.
Raised: KRW 1.25B
Round: Pre-Series A
Funding Month: November 2023
Lead Investors:
Additional Investors: Thanks Ventures and Space Asset Management
Company Website: https://www.viceversa.ai/
Software Category: AI-Fashion
Source: https://wowtale.net/2023/11/22/67195/