Categories: News

IIDF and Skolkovo invested into Texel

IIDF invests 51.7 million RUB into Texel, which developed the technology for creation of a parametric model of a human being. The company will forward raised investments for patenting and further improvement of the technology, as well as expansion into the markets of the USA and European countries.

Now Texel works on the artificial intelligence (AI) technology that will make it possible to create a 3D model of a human being even without a scanner. AI is educated on the basis of its own and largest data base in the world — it includes more than 60 K color 3D models of a human body collected with the help of Texel scanners in activation campaigns of the largest brands (VISA, MasterCard, HP, Cisco, 20 century FOX etc.). Thanks to unique data collection, Texel is invited to the closed international consortium (with such members as Intel, Target, Columbia, Lectra etc.) for development of the standard of human body 3D model IEEE 3D Body Processing, where it supervises the standardization of file formats.

Texel technologies may be used in many spheres, but currently the team decided to focus on retail. In particular, use of own “virtual copies” by the customers will enable them to more efficiently select clothes models and size when shopping online and come back more often as a result.

Besides, the technology for 3D scanning of a human being may make the shopping process smarter and more personalized. Texel solutions make it possible to recommend to buyers certain brands and collections of clothes, as well as size and even style, based on body type.

admin

Recent Posts

AI Stylist at the Barclays Digital and Disruptive Technology Conference

We have been invited to participate in the prestigious Barclays Digital and Disruptive Technology Conference…

7 months ago

In 2023, artificial intelligence has become an integral part of every aspect of our work

2023 marked a significant milestone in the integration—or rather, collaboration with—artificial intelligence across all our…

10 months ago

Texel Smart Mirror in Gracechurch Shopping Centre

The Gracechurch Shopping Centre is at the beginning of an exciting transformation. Today it is…

1 year ago

TOP-5 FASHIONTECH START-UPS TO MEET AT WEB SUMMIT 2023

As we gear up for Web Summit, we've curated a list of the top 5…

1 year ago

Personalization and Customization Trends in Fashion Retail

Almost 100 years ago Henry Ford had turned mass production into the most popular and…

4 years ago

How COVID-19 Will Reshape Fashion Retail?

In the last few years, even the most conservative retailers have admitted that the retail…

5 years ago