Wrlds Creations AB

Wrlds Creations AB develops AI-powered smart textile technology, transforming fabrics into intelligent, data-collecting interfaces for diverse applications, enhancing efficiency and safety across various sectors. Founded in 2018 in Stockholm, Sweden, Wrlds Creations AB specializes in smart textile technology. The company was established by Christian von Heland, Felix von Heland, and Joakim Liljedahl. It secured USD 0.

6 mn in Seed funding on May 31, 2018, which constitutes the total amount raised to date. The CEO, Felix von Heland, leads the company as it continues to focus on innovative textile solutions. WRLDS specializes in AI-powered smart textile technology, integrating advanced textile sensors within clothing, footwear, and wearables. The products cater to various industries including sports, military, healthcare, and industrial safety, enabling real-time monitoring of vital metrics.

Key applications span smart athletic wear that tracks hydration and performance, tactical gear for soldier health, and protective workwear that detects hazards. Their offerings are marketed in international markets like North America, Europe, and Asia, targeting clients from sports retail to military organizations. In the most recent year, 2023, WRLDS reported a revenue of USD 213,751. 4 and an EBITDA of USD -103,801.

The company generates revenue through direct sales and B2B partnerships, focusing on custom contracts for its textile sensor technology solutions. Following its Seed funding in May 2018, WRLDS aims to enhance its product lineup, including upcoming smart textile solutions designed for increased functionality across various applications. The company is considering expansion into new geographic markets with a focus on Europe and Asia by the end of 2024. The funds raised will be utilized to support product development and market entry strategies, further integrating their technology into diverse industries.