AI & Enterprise
Fashion tech firm Coversummon raises follow-on investment from InterVest
Lifestyle tech firm Coversummon said on Wednesday it has raised a follow-on investment from existing investor InterVest, without disclosing the amount. Coversummon develops smart textile materials technologies such as Air Tech, Heated Tech and UV Color Change, and has secured 32 patents and 203 design and trademark rights since its founding. It said it is expanding partnerships across Asia and supplies materials to overseas brands, while planning to bolster R&D and systems.