About TextileGenesis
TextileGenesis is a company based in Hong Kong (China) founded in 2018 was acquired by Lectra in December 2022.. TextileGenesis offers products and services including TextileGenesis Platform and Fibercoins. TextileGenesis operates in a competitive market with competitors including RELEX, Wasoko, TradeGecko, Zilingo and ZopSmart, among others.
- Headquarter Hong Kong, China
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Sectors
TechnologyRetail
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Email
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Phone
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Website
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Products & Services of TextileGenesis
TextileGenesis offers a comprehensive portfolio of products and services, including TextileGenesis Platform and Fibercoins. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Digital system for tracking textiles from origin to retail.
Tool for verifying textile provenance and preventing double-counting.
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Funding Insights of TextileGenesis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TextileGenesis
TextileGenesis has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Lectra. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Lectra is recognized for providing Industry 4.0 solutions across multiple sectors.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by TextileGenesis
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TextileGenesis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Textilegenesis Comparisons
Competitors of TextileGenesis
TextileGenesis operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RELEX, Wasoko, TradeGecko, Zilingo and ZopSmart, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Unified platform for retail and supply chain planning is offered.
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Online B2B marketplace offering groceries for enterprises
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Provider of cloud-based suite solutions for wholesalers
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| domain | founded_year | HQ Location |
Supply chain solutions are provided for fashion wholesale trading.
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Omni-channel solutions are provided for offline businesses.
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Cloud-based retail POS solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Textilegenesis
Frequently Asked Questions about TextileGenesis
When was TextileGenesis founded?
TextileGenesis was founded in 2018.
Where is TextileGenesis located?
TextileGenesis is headquartered in Hong Kong, China.
What does TextileGenesis do?
TextileGenesis was founded in 2018 in Hong Kong, China, as a blockchain-based platform for the fashion apparel industry. Transparency is provided across fiber-to-retail supply chains, while inventory optimization is achieved through a cloud-based system. Fibercoins are issued to trace and manage textile products. A mobile application is offered for retail point-of-sale use, and integrations with existing systems are supported via data feeds and APIs.
Who are the top competitors of TextileGenesis?
What products or services does TextileGenesis offer?
TextileGenesis offers TextileGenesis Platform and Fibercoins.
Who are TextileGenesis's investors?
TextileGenesis has 1 investor. Key investors include Lectra.
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