CoverThurman, a lifestyle fashion tech company, has recently secured 5 billion won in Series A investment, bringing its total investment amount to 10 billion won. The company specializes in sustainable textile material technology and has developed innovative technologies such as air tech, heating tech, and UV color change. With 25 patents and 215 design rights, CoverThurman has attracted major clients like Balenciaga and K2.
In collaboration with Itochu Corporation, JS Corporation, and others, CoverThurman has expanded its presence to international markets in the United States, Japan, China, and Europe. The company also operates a fashion brand called KEK and plans to increase its offline distribution through duty-free shops and pop-up stores.
With the recent investment, CoverThurman aims to enhance its technological competitiveness through the establishment of R&D centers, smart factories, and intellectual property licensing within the year. Intervest Executive Director Kim Yoo-sik praised the company’s sustainability and functionality, positioning it well in the global fashion tech market. CEO Lee Jae-ho plans to solidify CoverThurman’s position as a leading tech company by expanding collaborations with industrial goods companies.
By focusing on technological innovation and product diversification, CoverThurman is poised to become a key player in the lifestyle tech industry. The company’s innovative approach to sustainable fashion tech has garnered significant investment and industry recognition, setting the stage for future growth and success.
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