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COINTURK FINANCE > Business > Labfresh Secures €1M to Launch Smart Womenswear Collection
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Labfresh Secures €1M to Launch Smart Womenswear Collection

Overview

  • Labfresh raises €1M for smart womenswear through crowdfunding.

  • FreshCore technology merges hydrophobic and antibacterial properties.

  • Eco-friendly production aligns with sustainable fashion trends.

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COINTURK FINANCE 2 months ago
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Labfresh, the innovative Amsterdam-based startup, has achieved a key milestone by gathering €1 million through crowdfunding on the eyevestor platform. The firm will utilize the funds to introduce a new line of smart womenswear. This escalation marks a significant step in the company’s ambitious effort to tackle overconsumption. With its reputation for cutting-edge, intelligent apparel, Labfresh has positioned itself at the forefront of fashion innovation.

Contents
What Makes Labfresh Unique?How Is the New Funding Being Utilized?

Labfresh’s latest achievements mark a new chapter in its journey. Previously, the startup focused mainly on developing smart clothing for men, but its recent shift towards expanding into womenswear highlights its evolving market strategy. Prior fundraising initiatives displayed the public’s growing trust in Labfresh’s objectives. As the company progresses, it continues to adapt its technology and strategies in response to shifting consumer demands and environmental considerations.

What Makes Labfresh Unique?

Founded by Kasper Brandi Petersen and Lotte Vink, Labfresh creates intelligent apparel that significantly reduces the frequency of washing by repelling stains and odors. Their products integrate FreshCore technology—a blend of hydrophobic, antibacterial, and easy-care treatments. This combination renders the apparel resistant to stains and odors, contributing to a reduction in resource consumption. Labfresh’s use of long-staple cotton and sustainable production in Portugal aligns with its commitment to high-quality and responsible manufacturing.

How Is the New Funding Being Utilized?

With the successful crowdfunding campaign, the company plans to channel the funds into the development and launch of its smart womenswear collection. Labfresh tested its first three product drops, which have been met with a positive reception. The feedback has been integral to their decision to proceed with additional product orders, amounting to €324,000 for the upcoming quarter.

Fans of Labfresh eagerly await the launch of its new collection, indicative of the 5,000+ women on the waiting list. This anticipation not only underscores the brand’s established reputation but also its potential to capture new market segments. “I know this is going to be hard, and we won’t nail it the first time around,” said co-founder Petersen. “Luckily, we have 5,000+ women on our waiting list who build alongside us.”

Production of these intelligent garments occurs in environments that are STANDARD 100 by OEKO-TEX and BlueSign certified, ensuring the fabrics meet stringent safety and sustainability standards. “Our products combine three technologies— hydrophobic, antibacterial, and easy care,” a Labfresh spokesperson commented, highlighting the technical prowess behind their offerings. The innovative approach continues to resonate with environmentally-conscious consumers.

By effectively merging technology with fashion, Labfresh has distinguished itself in a competitive market. The company continues to focus on sustainability while meeting consumer expectations for trendsetting apparel. Its past and recent crowdfunding ventures demonstrate ongoing support for its mission and its potential to create meaningful impacts on consumer habits.

The successful funding campaign underscores Labfresh’s strategic agility and market appeal. Its commitment to sustainability aligns with increasing consumer demand for eco-friendly solutions in fashion. As Labfresh moves forward, its approach could guide similar enterprises in reducing environmental impact while appealing to modern consumers.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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