Startups

Artificial intelligence-based domestic pattern software technology Myth AI received an investment over $2.5 million in valuation

The local startup Myth AI, which offers production technology for institutions by combining design and technology, and offers artificial intelligence pattern software technology, received an investment of $200 thousand over a $2.5 million valuation.

The local startup Myth AI, which offers production technology for institutions by combining design and technology, and offers artificial intelligence pattern software technology, received an investment of $200 thousand over a $2.5 million valuation.

According to the information we have obtained privately, the investment round; Keiretsu Forum Turkiye, Turk Telekom, ITU ARI Teknokent, Sun Tekstil, Elyaf Tekstil, Halit Buyukkusoglu from Farplas, Birkan Kul and Ahmet Fırat Halicioglu from Getir, Emre Kozlu, Faik Ulutas from Mensa Tekstil, Ergin Erdim from Flyco, Umit Arsoy from Beymen participated.

Artificial intelligence pattern software technology MYTH saves companies time and money by reducing the pattern design process from weeks to seconds and optimizing the design process, while accelerating the design processes by 70% as a tool that constantly inspires designers.

MYTH can be used in all sectors of design such as fashion, textile, home textile, game design, packaging design, metaverse.

MYTH founder and CEO Ozgecan Ustungul made a special statement to egirisim, “Although Myth AI is a production technology for institutions that bring design and technology together, it is also used as a design tool in the individual channel, as it offers personalization. With this artificial intelligence platform that will allow people to design without having any knowledge, MYTH will have a powerful and valuable database with its model that learns trends and tastes in 1-3 years.

While we accelerate the design process by 70% with Machine Learning, Artificial Intelligence and Image Processing technologies, we reduce the waste production by 35%, eliminate the carbon footprint and provide 80% customer satisfaction. While creating monthly packages according to the needs of the customers, we offer solutions to the difficulties in new design, the fact that the design process is completely dependent on the knowledge, experience and skills of people, long design processes that take up to 4 weeks due to the dependence of the process on people, and concerns about energy and resource sustainability. I would like to share a very new development, right after the investment round, we made an agreement with Turk Telekom for NFT and game designs. For the first time, we will design the games with artificial intelligence and offer users the feature of personalization in the game field.”

Source: Egirisim / Translated by Irem Yildiz

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