Material Exchange
Material Exchange provides a structured, AI-driven sourcing platform that coordinates workflows between product developers, sourcing teams, and Tier 1 and Tier 2 suppliers. The software uses an AI co-pilot called Frank to help teams define sourcing briefs, validate cost and compliance data, and identify relevant materials before decisions move into PLM systems. The platform targets the apparel and manufacturing industries to reduce development cycles and supplier rework.
Supply Chain Tech
Fashion Tech
Artificial Intelligence
SaaS
Funding summary
- Total raised
- €31.8M
- Funding rounds
- 3
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