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Technology/Machinery

New financing for Sewbots developer

Company is not taking further orders for its Sewbot system until July 2022.

4th March 2021

Innovation in Textiles
 |  Atlanta, GA, USA

Clothing/​Footwear

Softwear Automation, the Atlanta-based developer of Sewbot technology employing robotics and artificial intelligence to automate the manufacturing of sewn goods, has closed a new $18.1 million Series B financing round through the US Securities and Exchange Commission.

The company is a spin-out from Georgia Tech, its formation following seven years of working on projects with the US Defense Advanced Research Projects Agency (DARPA) and the Walmart Foundation.

The fully autonomous Sewbot is designed to allow localised production and manufacturers to move their supply chains closer to their customers while creating higher quality products at a lower cost.

In 2017, the start-up raised $4.5 million and expanded into a 50,000-square-foot industrial space in West Midtown in Atlanta, doubling its workforce.

Softwear Automation, however, has kept a low profile since 2019 and on its website advises that it is not taking further orders for the Sewbot system until July 2022.

https://softwearautomation.com

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