Raspberry AI, a generative AI platform transforming fashion design, announced $24 million in Series A funding led by Andreessen Horowitz (a16z). With contributions from Greycroft, Correlation Ventures, MVP Ventures, and angel investors, Raspberry AI aims to enhance product development and expand its team to meet the growing demand for AI-powered design solutions.
Key Highlights of the Announcement
1. Funding to Accelerate Innovation
- Series A Funding: $24M led by Andreessen Horowitz.
- Use of Funds: Focused on product development and team expansion across engineering, sales, and marketing.
2. Addressing Industry Challenges
- Tackles challenges posed by fast fashion, on-demand economies, and evolving consumer demands.
- Accelerates the product lifecycle, reducing costs and increasing speed to market.
3. Advanced Generative AI Capabilities
- Instantly converts designers’ sketches into photorealistic renderings.
- Reduces design tasks from weeks to seconds, enabling limitless iterations.
- Provides tools for creating visual assets and technical drawings required for manufacturing.
4. Industry Adoption and Recognition
- Used by global brands such as Under Armour, MCM Worldwide, Gruppo Teddy, and Li & Fung.
- Machine learning models customized for unique brand DNA and aesthetics.
Leadership Insights
Cheryl Liu, CEO & Founder, Raspberry AI
“Fast fashion and evolving consumer demands are reshaping the industry. Raspberry AI empowers creatives to meet these demands with tools that streamline design processes, foster efficiency, and promote sustainability.”
Bryan Kim, Partner, Andreessen Horowitz
“Raspberry AI’s platform redefines the design workflow, delivering unparalleled customer engagement and transforming how retail products are developed.”
Mattia Giorgi, Head of AI and Innovation, Gruppo Teddy
“Raspberry AI provides tools that align perfectly with our design needs, helping us turn market insights into designs that excite customers.”
Transforming Fashion Design
Revolutionizing Design Processes
- Eliminates reliance on physical samples, cutting wait times.
- Reduces repetitive tasks, allowing creatives to focus on innovation.
AI-Driven Customization
- Models trained to recognize industry-specific terms.
- Expands visual content generation for marketing without traditional photoshoots.
Future Expansion
- Plans to extend generative AI capabilities to home, furniture, and other retail categories.
With $24 million in new funding, Raspberry AI is set to redefine fashion design by equipping creatives with AI-driven tools that enhance speed, precision, and sustainability. As it scales, the platform promises to bring transformative solutions to the broader retail landscape, creating new opportunities for innovation and growth.
