The ID Factory is a data-centric platform that caters to the fashion industry, offering an end-to-end supply chain traceability solution. The company's slogan "End to end supply chain traceability solution for the fashion and textile industry" succinctly encapsulates its mission. By leveraging blockchain technology, The ID Factory empowers brands to effortlessly manage their supply chains through comprehensive tracking and tracing of materials and processes. The platform confronts four pivotal challenges facing businesses within the industry: lack of traceability, transparency, supply chain disruption risk, and supply chain sustainability risk. Notably, the company operates as a B-Corp and has fostered collaborations with renowned entities such as Geox, Tommy Hilfiger, Boss, Calvin Klein, and Tamaris. Established in 2015, The ID Factory operates at the intersection of Blockchain, Fashion, Retail, Supply Chain, and Sustainability. The last investment received by the company was a grant investment at 20 December 2022. Regarding the last investment investors, no specific information is currently available. In summary, The ID Factory stands as a compelling proposition within the fashion and textile industry, offering a tech-driven solution that addresses critical pain points while fostering sustainability and transparency. Its collaborations with prominent brands and dedication to innovative supply chain management position it as a noteworthy player in the market, poised for further growth and impact.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | Unknown | - | 20 Dec 2022 | |
Grant | Unknown | - | 06 Apr 2022 | |
Grant | Unknown | - | 31 Aug 2021 | |
Grant | Unknown | - | 20 Jul 2021 | |
Grant | Unknown | - | 10 Jun 2021 |
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