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Wavemaker Impact has launched Nūl, an AI-driven climatetech startup with a $500,000 pre-seed investment. Nūl helps fashion brands reduce overproduction and improve inventory management through advanced AI technology. The startup enables companies to forecast demand more accurately, plan production effectively, and optimize inventory allocation. Nūl aims to tackle the fashion industry’s environmental impact, which accounts for 6-10% of global carbon emissions. The startup is currently piloting its solution with several apparel brands in Southeast Asia and plans to expand its partnerships and commercialize its solution globally using the investment.
