Lectra Announces A Strategic Partnership With Six Atomic
Press Release
Lectra announced today a strategic partnership with the Singapore-based company Six Atomic.
As a player in the fashion, automotive and furniture markets, Lectra contributes to the Industry 4.0 revolution by providing software, cutting equipment, data analytics solutions and associated services to brands, manufacturers and retailers.
Founded in 2020, Six Atomic develops and sells SaaS solutions based on Artificial Intelligence, particularly generative intelligence, to streamline and accelerate the garment design and development process for the fashion market.
Through its technologies and approach to garment design, Six Atomic aims to automate time-consuming and low added value product development tasks. Six Atomic’s solutions empower fashion brands to better leverage their patternmakers’ expertise and underutilized data assets — particularly by enabling the creation of modular pattern libraries, and rapid pattern grading. This comprehensive approach enhances team collaboration and efficiency throughout the garment ideation and development phases, reducing the time required to finalize collections.
“We are delighted to partner with Lectra, a key player in the fashion industry that aligns with our vision for product development in the Industry 4.0 era,” declared Taime Koe and Marc Close, co-founders of Six Atomic. “Lectra’s experience, global presence, and customer base will enable us to accelerate the time-to market of our solutions.”
“Six Atomic is an innovative company that combines Artificial Intelligence expertise with a deep understanding of fashion design and product development processes,” said Maximilien Abadie, chief strategy officer and chief product officer of Lectra. “The teams at Six Atomic and Lectra will work together on developing technological innovation for fashion companies.”
This strategic partnership involves the acquisition of a minority stake of about 18 percent in the capital of Six Atomic, through a capital increase of $2.5 million. Lectra has options to gradually increase its stake in Six Atomic to support its development.
This press release was issued in September 16, 2024. Lectra is a member of SPESA.
SPESA members are encouraged to email news and releases to marie@spesa.org or maggie@spesa.org to be featured under Member Spotlights.
Commenti