• Tech News
    • Games
    • Pc & Laptop
    • Mobile Tech
    • Ar & Vr
    • Security
  • Startup
    • Fintech
  • Reviews
  • How To
What's Hot

Pinter 3 review

March 30, 2023

Nine Ways Entrepreneurs Can Use Cloud Technology To Scale Their Businesses

March 30, 2023

Nokia G60 5G review

March 30, 2023
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
    1. Games
    2. Pc & Laptop
    3. Mobile Tech
    4. Ar & Vr
    5. Security
    6. View All

    Bring Elden Ring to the table with the upcoming board game adaptation

    September 19, 2022

    ONI: Road to be the Mightiest Oni reveals its opening movie

    September 19, 2022

    GTA 6 images and footage allegedly leak

    September 19, 2022

    Wild west adventure Card Cowboy turns cards into weird and silly stories

    September 18, 2022

    7 Reasons Why You Should Study PHP Programming Language

    October 19, 2022

    Logitech MX Master 3S and MX Keys Combo for Business Gen 2 Review

    October 9, 2022

    Lenovo ThinkPad X1 Carbon Gen10 Review

    September 18, 2022

    Lenovo IdeaPad 5i Chromebook, 16-inch+120Hz

    September 3, 2022

    YouTube adds very convenient iPhone homescreen widgets

    October 15, 2022

    Google finishes iOS 16 Lock Screen widgets rollout w/ Maps

    October 14, 2022

    Is Apple actually turning iMessage into AIM or is this sketchy redesign rumor for laughs?

    October 14, 2022

    Samsung’s One UI 5 update is largely about personalization

    October 14, 2022

    MeetKai launches AI-powered metaverse, starting with a billboard in Times Square

    August 10, 2022

    The DeanBeat: RP1 simulates putting 4,000 people together in a single metaverse plaza

    August 10, 2022

    Improving the customer experience with virtual and augmented reality

    August 10, 2022

    Why the metaverse won’t fall to Clubhouse’s fate

    August 10, 2022

    How Apple privacy changes have forced social media marketing to evolve

    October 16, 2022

    Microsoft Patch Tuesday October Fixed 85 Vulnerabilities – Latest Hacking News

    October 16, 2022

    Decentralization and KYC compliance: Critical concepts in sovereign policy

    October 15, 2022

    What Thoma Bravo’s latest acquisition reveals about identity management

    October 14, 2022

    What is a Service Robot? The vision of an intelligent service application is possible.

    November 7, 2022

    Tom Brady just chucked another Microsoft Surface tablet

    September 18, 2022

    The best AIO coolers for your PC in 2022

    September 18, 2022

    YC’s Michael Seibel clarifies some misconceptions about the accelerator • DailyTech

    September 18, 2022
  • Startup
    • Fintech
  • Reviews
  • How To
Behind The ScreenBehind The Screen
Home»Startup»3D-printed shoe startup steps into $3M to help reduce carbon footprints, localize manufacturing – Startup
Startup

3D-printed shoe startup steps into $3M to help reduce carbon footprints, localize manufacturing – Startup

March 18, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
3D-printed shoe startup steps into $3M to help reduce carbon footprints, localize manufacturing – GeekWire
Share
Facebook Twitter LinkedIn Pinterest Email
Hilos CEO and co-founder Elias Stahl. (Hilos Photo)

Portland-based 3D-printed footwear startup Hilos has landed $3 million to boost its efforts in reducing the carbon footprint linked to shoe production.

The company developed an internal method of manufacturing modular footwear parts using 3D printers and thermoplastic polyurethane powder. The footwear assemblies are post-processed with AMT technology. The company said that the process incorporates patented new shoemaking techniques and digital tool chains for product creation.

Hilos is led by its CEO and co-founder Elias Stahl, who previously worked as the VP of product at business management consulting firm Handshake Partners. He is joined by co-founder and chief creative officer Gaia Giladi, a former associate designer at Hybrid Apparel.

The startup pitches a “click-to-ship” supply chain to shoe brands, where customers can order their shoes and have them made on-demand by one of Hilos’ 3D printers.

The startup points to multiple benefits for the model: faster turnaround times for customers, smaller inventory requirements, and reduced carbon emissions from foreign manufacturing. Most shoe manufacturing is currently done in Southeast Asia.

Hilo said revenue is already being generated and its customers include footwear brands like Helm Boots. The company also sells its own branded line of clogs, heels, loafers and sandals, with prices ranging from $225 to $375.

(Hilos Video)

The timing of Hilos’ funding announcement coincides with two factors: an increasing political push toward localizing supply chains and a rising consciousness among consumers regarding the environmental consequences of the fashion industry, Stahl told Startup in an email.

A host of startups stepped up between 2014 to 2017 seeking to 3D print footwear, Stahl said. Among the flock of new companies were Sols, which reportedly shuttered in 2017, and Feetz, which was acquired in 2019 by Casca. There are also modern competitors such as Carbon, which partners with Adidas and raised more than $680 million.

See also  Seattle-area venture capitalists share views on the current economic conditions for startups – Startup

“The irony is that the investment large brands like Nike and Adidas made in additive manufacturing in that period was what incentivized the hardware, software, and material providers (like HP and BASF) to invest enough R&D into the systems that would eventually be able to support end-use digital manufacturing for footwear,” Stahl said.

There have also been a number of innovations around the design aspect of 3D printing. For instance, Seattle’s Glowforge debuted a new AI tool that lets users create artwork based on a written prompt that is optimized for 3D printing.

Hilos has set up shop in Portland, regarded as the capital of American shoemaking. The region is home to athletic juggernauts like Nike, Adidas, Columbia and Keen, and is also at the forefront of 3D printing tech, with companies like HP, 3D Systems and Autodesk based there.

“There are few places better for developing innovative products the traditional way, or to rethink the future of those supply chains,” Stahl said.

The funding round included participation from former Nike COO Eric Sprunk, and former Nike VP of global footwear sourcing and manufacturing Greg Bui. Venture firms Better Ventures, Builders VC and XRC Labs also participated.



Source link

3Dprinted Carbon footprints localize Manufacturing reduce shoe Startup steps
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Nine Ways Entrepreneurs Can Use Cloud Technology To Scale Their Businesses

March 30, 2023

Seattle startup uses GPT to create meeting highlight reels – Startup

March 30, 2023

In Sudden Alarm, Tech Doyens Call for a Pause on ChatGPT

March 29, 2023

3 Concepts From Mechanics That Are Useful For Startup Founders

March 29, 2023
Add A Comment

Leave A Reply Cancel Reply

Editors Picks

Lenovo ThinkPad X1 Carbon Gen10 Review

September 18, 2022

Meta tests easier account switching between Facebook and Instagram

September 26, 2022

The DioField Chronicle gets lengthy new trailer introducing its world and setting

August 18, 2022

Skate will get an official title and shall be a free-to-play sport with cross-play and cross-progression

July 14, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

Pinter 3 review

Nine Ways Entrepreneurs Can Use Cloud Technology To Scale Their Businesses

Nokia G60 5G review

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2023 behindthescreen.uk - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.