The Inflow team
Vietnam-based fashion supply chain platform Inflow has secured US$2 million in a seed funding round from AppWorks, 500 Global, January Capital, Spiral Ventures, and Saison Capital.
Inflow will invest the capital in designing R&D and developing new technologies for supply chain and manufacturing.
Headquartered in Ho Chi Minh City, Inflow is a tech-driven sourcing and manufacturing platform. It provides fashion brands of all sizes with tools and technologies to simplify the sourcing and manufacturing process and speed up time to market.
Also Read: How blockchain can enhance sustainability in fashion
Inflow taps into the garment production advantages of Vietnam and Southeast Asia while solving critical supply chain challenges in the fashion industry, such as opaque supplier networks and inefficient project management of the design-to-production cycle.
According to the company, the platform offers full visibility into the supply chain, from inventory forecasts to data-driven factory matching to merchandise management, all accessible through a user-friendly dashboard with real-time tracking. Its production network includes over 150 pre-vetted and ethical manufacturers and suppliers in Vietnam.
Inflow’s platform and factory matching help reduce sample production to a rapid 7-day process with a 45-day turnaround for a wide range of fabrics and designs. The solution also supports flexible small-batch orders with low minimum order quantities (MOQs) starting from 50 units, allowing brands to scale production based on market response, reduce design-to-production cycles from months to weeks, and prevent wastage that comes with large MOQs.
The company plans to use a portion of the capital raised to enhance its product offerings to help brands rapidly bring new designs to market within 30 days at minimum order quantities of 50 pieces.
Last year, Inflow claims to have grown its revenue over 15 times. Today, it has over 80 fashion brand partners across Southeast Asia.
Also Read: How Retykle is weaving sustainability into the fabric of children’s fashion
Khanh Le, Founder and CEO of Inflow, said: “Imagine a world where the runway’s latest trends can move to retail racks in a fraction of the time, where fashion brands can pivot as fast as the world changes. That’s the future Inflow is creating. Our platform is more than a supply chain solution; it’s a fashion revolution leveraging Vietnam’s central position in the global supply chain, democratizing access to quality manufacturing and ethical production.”
Vietnam’s garment exports year to date hit US$27.7 billion in 2023 with over 6,000 registered factories nationwide. As one of the world’s three biggest exporters of clothing and apparel, global brands are investing in the country’s booming manufacturing sector, which is supported by Vietnam’s free trade agreements with the US, the European Union, and Japan.
—
The post Vietnamese fashion supply chain platform Inflow lands US$2M investment appeared first on e27.