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Wavemaker Impact injects $500,000 to support the launch of Nūl, a fashion-tech startup tackling the issue of overproduction in the industry.

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Wavemaker Impact, a Singapore-based climate tech venture builder, has launched Nūl, an AI-driven climate tech startup with a $500,000 pre-Seed investment. Nūl aims to help fashion brands and apparel companies reduce overproduction and improve inventory management through advanced AI technology. The company’s platform enables fashion companies to forecast demand more accurately, plan production effectively, and optimize inventory allocation. Wavemaker Impact praises Nūl’s potential to help medium-sized fashion brands improve demand planning and inventory allocation, boosting sell-through rates and reducing carbon emissions. Nūl is currently piloting its solution with several apparel brands in Southeast Asia.

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