sewts to boost robotization of textile market with Emerald investment

Zürich, Switzerland: Clean- and industrial-tech venture capital pioneer Emerald Technology Ventures has invested into sewts, a provider of software and robotic solutions for textile handling. The €7 million funding round was joined by new investors Constantia New Business, Equity Pitcher Ventures and Nabtesco Technology Ventures, as well as further contributions from existing investors Bayern Kapital, APEX Ventures and HTGF. The round will help sewts expand production and sales to major clients in the industrial laundry and “reverse logistics” space.

Munich-based sewts has developed a software platform powered by neural networks which allows the design and operation of robotic cells for various textile handling applications. The first commercial product stemming from this platform is called VELUM. It’s a robotic unit that feeds towels and bathmats into folding machines. VELUM is capable of grabbing crumbled terry cloth and feeding it into a folding machine at human-like speed.

sewts, which was founded in 2019 and installed its first VELUM unit in 2022, is well-positioned to help industrial laundries navigate increasingly severe labor shortages. This large sector—the global industrial laundry and linen supply sector which is estimated to be worth over $100 billion and is growing annually at around 3.2%—has historically been underserved by robotics technology. This leaves a gap for an insurgent like sewts to fill.

As sewts hones its offering across VELUM and its other products, it intends to enhance their efficiency and capacity.  To do this, it will enable functions like defect detection and harmonization of several VELUM units in one facility. It eventually aims to tap into broader applications across the textile industry, such as the automation of returns handling in e-commerce (so-called reverse logistics) and of fashion manufacturing.

Emerald has invested into several robotics companies, most recently TinyMobileRobots, which makes automated line marking systems for operators of construction sites, sports fields and more.

About Emerald Technology Ventures

Emerald is a globally recognized venture capital firm founded in 2000, that manages and advises assets of over €1 billion from its offices in Zurich, Toronto and Singapore. The firm invests in start-ups that tackle big challenges in climate change and sustainability, with 4 current funds, hundreds of venture transactions and four third-party investment mandates, including loan guarantees to over 100 start-ups.

Bold Ideas. Bright Future.  www.emerald.vc

CONTACT FOR EMERALD:

info@emerald.vc

About sewts

sewts is bridging one of the last gaps of automation and opening up entirely new spheres of application for robotics. By providing robots with human-like perception and grabbing skills, sewts makes the automatic handling of deformable materials possible. sewts’ mission is to simplify complex manual labor into streamlined automation.

CONTACT FOR SEWTS:

Alexander Bley

alexander.bley@sewts.de