60 BILLION square meters of fabric are wasted every year through inefficient manufacturing techniques, resulting in decreased product yield, higher overheads and increased carbon cost. This accounts for a 9% increase per garment in cost of production on average.
SOLUTION
ZERØ London is an innovator of efficient zero waste manufacturing techniques that use up to 15% less material on average vs. conventional manufacturing. With our licensed software product, manufacturers can invest in their supply chain with next gen. design & manufacturing software capable of measurable impact and reduction in material expenditure and carbon output.
MARKET
The addressable market for ZERØ London includes garment & accessory manufacturers of scale with emphasis on the 36,000-strong underserved SME market due to our accessible pricing structure. The UK Market is currently valued at £50M with a estimated CAGR of 8.9% by 2027. The global industry is worth $1.7B.
COMPETITIVE LANDSCAPE
R&D of efficiency-enhancing innovations have been consistently lacking in the CAD/CAM market, resulting in a loss of competitive potential as end-users look elsewhere to reduce expenditure at the expense of product quality and team size. ZERØ London empowers end users with greater control over material consumption, supported by advanced efficiency indicators and tools to simplify UX and expedite the transition from design to realisation.
BUSINESS MODEL
B2B SaaS model generates revenue through subscriptions and optimizes secondary spend via training and support, with a low customer acquisition cost.
KEY SENIOR TEAM
ZERØ London is a IUK high-growth business led by Nicholas Betts (CEO) and Alex Vai (CPO), who bring expertise in efficient manufacturing and software development. They have spent three years in research and development, incorporating innovative manufacturing techniques into the digital CAD/CAM sphere.
FUNDING
PRE-SEED: £50K (Jun-Nov 2023)
SEED ROUND: £650K
Use of
USE OF FUNDS:
49% - 3x Headcount
18% - Sales & Marketing
17% - R&D
16% - IP Registration
REVENUE FORECAST
£10K revenue FY 2021
£18K revenue FY 2022
£27K revenue FY 2023
£440K revenue FY 2024
£3M revenue FY 2025
£6.1M revenue FY 2026
USP
- Adv. Waste & Carbon Reduction tools
- Efficiency Monitoring Tools
- Combined Functionality
- Unique Design Tool Features
- Registered Trademarks
- Accessible Price Structure
TRACTION
- Sales of retail product
- Reduced Material use in-house by 9%
- LOIs from 3 UK SME manufacturers
- LOIs from 2 UK Universities
2023
- Creative Catalyst Grant Award
ADDRESS:
12 Studham Lane, Dagnall, Berkhamsted, United Kingdom
HP4 1RH
NICHOLAS BETTS
FOUNDER // CEO
NICHOLAS@ZEROLONDON.CO.UK
07564625528
OPPOSED TO THE TYPICAL
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