Raspberry AI, a NYC-based provider of a generative AI platform for fashion creatives, raised $24M in Series A funding.
The round was led by Andreessen Horowitz (a16z). Existing investors Greycroft, Correlation Ventures and MVP Ventures also participated along with angel investors including Gokul Rajaram and Ken Pilot.
The company intends to use the funds to accelerate its product development and add engineering, sales and marketing talent to its team.
Led by CEO and Founder Cheryl Liu, Raspberry AI provides an AI image-generation platform that helps retail brands increase revenue and speed to market by understanding consumer demand and creating highly sought-after designs and marketing assets in minutes. It enables brands to create full mood boards, lifestyle photography, product photography and technical drawings through text prompts.
Boston Proper, Gruppo Teddy, Li & Fung, MCM Worldwide and Under Armour are among the fashion companies using Raspberry AI to streamline workflows and accelerate product development.
FinSMEs
14/01/2025