Led · Series B · Aug 2025

Softwear Automation builds the SEWBOT® platform, a fully autonomous sewing solution that combines advanced robotics, machine vision, and AI/ML to automate sewn-goods production. The company targets the $1.1 trillion sewn products industry with a focus on localized, scalable, and sustainable manufacturing. Its SEWBOT® worklines aim to reduce waste, shorten cycle times, and improve cost efficiency while enabling on-demand and closer-to-consumer production. Softwear is progressing toward commercialization of its automated worklines and is expanding its R&D capabilities to support broader product categories. The company plans to scale its production footprint and enter new geographies to meet growing global demand. Softwear positions its technology as a tool to enable more circular, demand-driven apparel production and to improve supply-chain transparency. Softwear Automation develops sewing robots, called SewBots, and uses robotics and artificial intelligence to automate the manufacturing of sewn goods such as clothing, towels and footwear. The company says its SewBots make it cost efficient to manufacture textiles anywhere in the world, and according to its website it was not taking orders for the robots until July 2022. Softwear spun out of Georgia Tech after seven years of research, supported by grants from The Walmart Foundation, DARPA and the Georgia Research Alliance. Founded in 2012 and based in Atlanta, the startup expanded into a 50,000-square-foot industrial space in 2017 and that year raised $4.5 million and doubled its workforce. Financially, the company began raising its latest round in 2019 and reported closing about $12 million that year; it subsequently reported closing an $18.1 million Series B in a Feb. 1 SEC filing. SoftWear Automation develops robotic sewing worklines branded as Sewbots™ for apparel, footwear and home goods. The company uses patented computer vision systems that track fabric and exact needle placement to within half a millimeter. Led by Chairman and CEO Palaniswamy “Raj” Rajan, SoftWear positions its technology to allow manufacturers to move supply chains closer to customers and lower production costs. The company received $4.5M in financing to accelerate its product development. It intends to use the funds to speed development of fully automated sewn-good worklines specifically for apparel production in the United States and to add 20 employees. The company is based in Atlanta. SoftWear Automation is an Atlanta, Ga.-based developer of robotic sewing technologies for the garment industry. The company provides machine vision, robotics, and computing technologies and products for the apparel manufacturing and sewn products industries. Its core product set is designed to automate garment production lines. SoftWear completed a $3M Series A round of financing. The financing was made by VC firm CTW Venture Partners. K.P. Reddy, a CTW partner, has joined SoftWear as CEO.

Participated · Series A · Mar 2024

ME SOLshare Ltd. is a climate-tech startup focused on managing and monetizing distributed energy assets in Bangladesh. The company is building technology to remotely control smart batteries installed in the country’s 5 million-plus electric three-wheeler taxis. By 2029, SOLshare aims to network 1 million of these batteries, boosting driver earnings while allowing the aggregated capacity to buffer roughly 10 % of Bangladesh’s peak electricity demand. The vision relies on scaling solar PV adoption alongside its battery platform to accelerate the nation’s energy transition. The firm positions itself at the frontlines of climate change, addressing real-world power-access challenges in emerging markets. Financially, SOLshare has just secured new capital to advance this expansion, closing US$2.2 million of a larger US$4 million Series A+ financing.

Led · Series A · Jan 2022

Ambercycle provides a molecular regeneration technology that converts end-of-life textiles into cycora® regenerated polyester, its first premium material solution for fashion. The company was established in 2015 and is based in Los Angeles, CA. Ambercycle aims to empower circularity in fashion and scale next-generation materials across the textile industry. It has formed a strategic partnership with Shinkong Synthetic Fibers Corporation to accelerate commercialization. Ambercycle received a $10M investment tied to its first commercial facility, enabling scale-up to meet growing customer demand. The company expects to commence operations at the new facility in 2026, aligning its expansion with broader decarbonization efforts in textile production. Ambercycle develops molecular regeneration technology to convert end-of-life textiles into new materials for the fashion industry. Its flagship product, cycora®, is a regenerated polyester made from end-of-life textile waste. The company is led by CEO and founder Shay Sethi. Ambercycle raised US$5M in funding to support the scale-up of cycora®. The funding is intended to accelerate production and commercialization efforts for its circular polyester. No operating metrics were disclosed in the article. Founded in 2015 by Shay Sethi and Moby Ahmed, Ambercycle is a Los Angeles materials science company focused on ending waste in the fashion industry. Its Ambercycling™ process separates and purifies post-consumer textile waste at the molecular level to produce regenerated materials for new garments. The company's breakthrough material, cycora®, serves as a direct replacement for conventional polyester and has been used in collaborations with Los Angeles streetwear brands, select luxury brands, and H&M's 2021 Circular Design Story Collection. Ambercycle built a pilot plant in downtown Los Angeles to prove its technology. The company intends to use the Series A proceeds to scale up production of cycora®. Financially, Ambercycle raised $21.6M in this Series A, bringing its total funding to $27M.

Participated · Equity · Jun 2021

Klarna operates a payments and commerce network that serves more than 118 million consumers and works with over one million merchants, processing millions of transactions daily. The company leverages its regulated banking license as a strategic advantage to access funding structures used by established financial institutions. Klarna has pursued multiple Significant Risk Transfer transactions — the recent $1.7 billion deal is its sixth and largest — to optimize capital deployment and reduce risk-weighted assets. It also announced a $2 billion facility intended to support up to $17 billion of U.S. financing expansion. Combined, these funding initiatives are intended to enable Klarna to support over $40 billion in lending capacity. Klarna is using these capital-efficiency structures to scale its consumer credit offerings and expand lending, particularly in the United States.