Home / Knowledge / News / Apparel/Garments / Garment IO in Cairo secures $450,000 in funding

Garment IO in Cairo secures $450,000 in funding

05
Mar '20
Pic: Garment IO
Pic: Garment IO
Cairo-baed Garment IO recently raised $450,000, closing its seed round from Egypt Ventures and 500 Startups (Falcons), which it plans to use for future investment in its Egypt operations. Garment IO helps garment producers increase productivity using real-time data from production lines through a plug-and-play Internet of Things (IoT) smart terminal.

The company was founded in 2017 by Ahmed Nounou and Mahmoud Sabae.

Garment IO terminals can be installed easily on all factory machines, requiring just a simple power outlet and Wi-Fi. In addition to using the terminals for data, these can also be used for employee check-ins, according to reports from the Middle East.

The software provides information on production order tracking and bottlenecks, style tracking, live transaction feed, quality level and machine downtime in English and in Arabic.

In the near future, the start-up hopes to expand to Jordan, Tunisia, Morocco and Turkey.

Fibre2Fashion News Desk (DS)


Must ReadView All

Pic: Shutterstock

Textiles | On 30th Mar 2020

PRC economy to quickly return to potential growth: PBOC

China's economy will swiftly return to its potential growth rate,...

Pic: Shutterstock

Apparel/Garments | On 30th Mar 2020

COVID FightBack: Malaysia takes steps to tackle impact

Malaysia will grant a six-month delay on most loan payments to ease...

Pic: Shutterstock

Retail | On 30th Mar 2020

NRF hails US House of Representatives consent to CARES Act

The National Retail Federation has welcomed the quick passage by the...

Interviews View All

Top executives, Retailers

Top executives
Retailers

Weak rupee breeds inflation

Nishank Patel, Shri Dinesh Mills Limited

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Cyril Pereira, Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Martina Giorgetti,

Martina Giorgetti

Italy-based Cibitex is a manufacturer of textile finishing machinery,...

DP Kumar,

DP Kumar

Weaves is South India's premier textile fair organised by Texvalley in...

Puneet Jain & Yatin Jain,

Puneet Jain & Yatin Jain

Odhni is an indutva or ethnicwear brand started in 1999 by the Jain...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


March 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search