Tekyn, SAS

Tekyn, SAS is a French fashion tech company that specializes in innovative laser cutting solutions for the textile industry, enhancing production efficiency and customization. Founded in 2017 in Lille, France, Tekyn, SAS provides cutting-edge solutions for the textile sector, focusing on advanced laser cutting technology. The company's founders, Donatien Mourmant and Pierre de Chanville, have established a platform that optimizes production processes. Tekyn raised EUR 5.

5 million in Series A funding on March 9, 2021, co-led by Otium Capital and Bpifrance, bringing its total amount raised to EUR 5. 5 million. The company has completed 4 deals to date. Tekyn specializes in advanced laser cutting technology, offering a connected cutting line designed to optimize production for the textile industry.

Their flagship product, the TEKYN laser cutting line, leverages state-of-the-art laser technology, visual analysis, and intuitive software, enabling operators to perform precise fabric cuts without the need for pre-made patterns. This system allows for real-time customization of garments and efficient material use, transforming fabric scraps into new clothing and accessories through a process known as Smart Cutting. The company focuses on enhancing production agility and responsiveness to demand, catering primarily to the fashion and textile sectors. Tekyn serves an international clientele, with solutions deployed in various markets, including Europe and North America, as they aim to revolutionize on-demand production capabilities.

In 2022, Tekyn generated a revenue of EUR 742,893. 40, while reporting an EBITDA loss of EUR 3,342,929. 40 for the same year. The company's revenue model is based on the sale, lease, and rental of its cutting line technology, catering to B2B clients within the fashion and textile industries.

Tekyn's partnerships with manufacturers and production companies facilitate streamlined operations, with continuous software improvements ensuring effective production management. Following the EUR 5. 5 million funding raised in March 2021, Tekyn plans to continue its development in Europe to transform the textile production market. The funding will support the expansion of Tekyn's team to meet the growing demand from European customers.

The company is focusing on designing and launching new products to further enhance their cutting technology and expand their market reach.