Revolutionizing Material Sourcing
Material Exchange is a game-changer in the fashion industry, dedicated to simplifying the sourcing process for both brands and suppliers. The platform offers a state-of-the-art Digital Sourcing Platform (DSP) that redefines how materials are sourced for footwear and apparel. By providing a seamless connection between brands and suppliers, Material Exchange saves time, enhances efficiency, and transforms the industry.
Innovative Approach to Sourcing
In 2018, a group of visionary industry professionals conceptualized a new way to streamline material sourcing. This vision led to the creation of Material Exchange, where brands and suppliers can seamlessly connect and collaborate. Through continuous evolution, the Digital Sourcing Platform was born, revolutionizing material sourcing by offering an effective, efficient, and transparent platform for all industry stakeholders.
Empowering the Fashion Industry
Material Exchange empowers the fashion industry by enabling brands to discover the perfect materials for their collections and providing suppliers with a platform to showcase their products effectively. With a diverse team of 70+ digitization experts across the globe, Material Exchange combines expertise in sustainability, material sourcing, and technology to drive innovation and excellence in the industry.
Global Footprint and Impact
With a presence in seven countries, including Sweden, USA, Serbia, Italy, India, China, and the UK, Material Exchange operates on a global scale, bridging the gap between brands and suppliers worldwide. The platform's impact extends beyond borders, transforming the way materials are sourced, discovered, and utilized in the fashion sector.
Driving Growth and Innovation
Backed by investments from leading venture capital firms like Norrsken VC and Molten Ventures, Material Exchange is poised for significant growth and innovation. The recent funding rounds of €6 million and €25 million demonstrate the confidence investors have in the platform's vision, team, and potential to revolutionize material sourcing in the fashion industry.