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Hakio raises historic €4 million seed round
People Ventures and Dreamcraft Ventures invest €4 million to accelerate the development of Hakio’s demand forecasting platform for fashion companies.
by Hakio, February 22, 2024
Hakio founders
Malte Bjerg Vittrup
CEO & Co-founder
Malte is Co-Founder and CEO of Hakio. As a former management consultant, with a deep understanding of data science, he has helped leading fashion companies optimise their operations.
"I am passionate about how we can help companies make smarter decisions to become more profitable and reduce waste. With state-of-the-art algorithms, we can significantly optimise inventory levels in fashion companies. That's why we started Hakio."
Simon Kristensen
CPO & Co-founder
Simon is a Co-Founder and CPO at Hakio. He has more than 20 years of experience from working with supply chain planning at global companies such as Nike, Maersk, Novo Nordisk, and Deloitte.
"From my work with global supply chains, I know how important it is with accurate forecasts as a means to drive operational efficiency. Companies have a lot of unused data that we can use to improve supply planning and tackle the global waste issue in the fashion industry."
Hakio logo
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Nice to know
We're on a mission to radically change demand forecasting in the fashion and apparel industry. Managing inventory in fashion has long been difficult with rapid market changes, evolving trends, and shifting consumer preferences. But we're changing that.
Drawing upon over 20 years of expertise in supply chain optimisation, we've developed cutting-edge AI-powered algorithms. These algorithms empower fashion leaders to make informed decisions about stock levels, optimising their inventory for maximum efficiency and profitability.
But our impact extends beyond the bottom line. Reducing excess stock means less waste in the end – a win-win for both businesses and the planet.
What sets Hakio apart and makes it notably effective is its innovative AI-driven approach to demand forecasting in the dynamic fashion industry. By harnessing sophisticated algorithms, Hakio enables fashion brands to anticipate trends, seasonal shifts, and market movements with remarkable accuracy. This capability is not only a testament to the cutting-edge technology employed but also reflects the profound industry expertise embedded within the Hakio team. Their extensive experience in supply chain optimization further strengthens their unique position, offering clients tailored solutions that drive efficiency and profitability
Founderment is an Aarhus-based early-stage VC that backs founders of tech-driven startups with blue-sky ambitions.
People Ventures seeks to invest in early stage tech companies operating in the field of digital health, enterprise software, and SaaS sectors.
Dreamcraft invest in tech-driven companies from pre-seed to series A in the Nordics and Europe.
Leadership at a Glance:
Malte Bjerg Vittrup, CEO
As a former management consultant, with a deep understanding of data science, he has helped leading fashion companies optimise their operations.
Simon Kristensen, CPO
Boasting over two decades in supply chain planning, Simon's rich history includes work for global companies such as Nike, Maersk, Novo Nordisk, and Deloitte.
Kasper Nybo Hansen, CTO
Coming from the finance sector, notably Sampension and Nykredit, Kasper melds strong leadership with deep technical acumen, making him a key asset to our team.