- New York Trend Tech Lab introduced this week its tenth cohort of women-led B2B startups for its 12-week program, in accordance with a press launch. Corporations from the style and retail industries every year are chosen by the nonprofit by means of an software course of to assist develop the younger companies.
- Six women-led startups will work with NYFTLab’s retail companions, culminating in a presentation on their know-how for a distinguished panel. Earlier than demo day, every chosen firm could have the possibility to fulfill with senior enterprise executives, entrepreneurs, attend workshops and panel discussions and extra.
- This 12 months’s set of startups embrace Web3 digital trend archive Altr, recommendation-as-a-service platform PSYKHE AI and others. The businesses focus on industries equivalent to user-generated content material, AI-driven chat capabilities, value optimization, digital trend, personalization and others.
Now in its tenth 12 months, New York Trend Tech Lab is bringing on new retailers as companions, together with Saks, Selfridges, TJX and Wolverine World Large. They be part of returning firms Burberry, LVMH, Levi & Strauss, Macy’s, Richmont and Vera Bradley to assist this system.
This 12 months’s startup members embrace Altr, Hue, PSYKHE AI, Sociate, Sparkbox and Attempt Your Greatest. All members within the cohort will showcase the tech they create for the annual Tech Runway Demo Day scheduled for early June. Right here, founders of the businesses will show their work from this system to retailers, manufacturers, traders and the media.
“The NYFTLab supplied us the chance to develop our enterprise and meet main retailers,” Elysa Kahn, co-founder of social commerce platform Squadded, mentioned in a press launch. “This contributes to the market validation we at all times search as a start-up and is an actual step in our journey.”
Since 2014, the NYFTLab has helped over 75 firms together with DRESSX, Reflaunt, Trendalytics and others, in accordance with the press launch. Alumni of this system have gone on to realize partnerships with lead retailers, capital investments and acquisitions.