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Arieli Capital arrives in Milan to introduce innovation into the fashion industry

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Arieli Capital arrives in Milan to introduce innovation into the fashion industry

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They have been selected around the world from thousands of start-ups that are innovating the fashion sector, including artificial intelligence to optimize logistics and supply chain management, biomaterials, sustainability of production processes, new technologies to combat counterfeiting or to improve customer experience. experience. There are ten in total. Two come from Italy. The others are from the United Kingdom, the USA, India, Canada, Germany, Sweden and Israel.

They will be the protagonists, in Milan from 4 to 7 March, of meetings with around fifty investors and major Italian fashion brands to introduce innovation into the national industry. «The Italian fashion sector is a standard-bearer in the world of Made in Italy but we believe it has enormous potential that is still unexpressed – says Or Haviv, head of global innovation at Arieli Capital -. This is because, despite being a very strong sector on an industrial level, we believe that it still needs to make efforts in terms of innovation. our goal is to contribute to making Milan and Italian fashion an international hub recognized globally not only for the highest quality and creativity but also for the high level of hi-tech avant-garde”.

Arieli Capital is the investment fund, born from the partnership between American entrepreneurs and Israeli entrepreneurs, which is responsible for the four days in Milan designed to create a bridge between the Italian fashion houses and the young international entrepreneurs who are revolutionizing the sector with process and product, first of all in a green key. Established in 2016, with offices in New York, London and Tel Aviv, for five years it has collaborated with the Italian embassy in Israel to support start-up acceleration programs in the fields of agriculture, health, biomedical and logistics.

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After having pushed the development of hundreds of young businesses around the world – an average of 40-50 per year – he is now betting on Italian fashion, in collaboration with Milano and Partners – the agency set up by the Municipality and the Chamber of Commerce of the Lombard capital for the promotion and enhancement of the city at an international level – and with the multinational law firm Dentons. Without starting from scratch, however.

«The ten start-ups that we have selected, with a global scouting operation lasting a few months, already generate revenues for a total of twenty million euros and all together they have raised capital from international investors for 52 million – explains Or Haviv -. We are talking about technology-based start-ups that have made important breakthroughs. And we want to measure the impact of our investments and at the same time offer Italian fashion, which has its heart in Milan, the opportunity to integrate these innovations into its production processes. We believe that countless synergies can arise, also because all the selected start-ups aim to develop in Italy.” The investors who will participate in the four days are also Italian. The first step for Arieli Capital in an expansion in Italy which also includes the opening of an office in Milan by 2024.

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