Myth AI, a company specializing in Generative AI-based solutions for the textile and ready-to-wear industry, has secured funding in its Seed Round, co-led by Revo Capital and Inveo Ventures.
This investment will allow the company to advance its proprietary AI models trained on original and licensed data, as well as expand its team and strengthen operations in South Asia, where it is already experiencing strong demand from major manufacturers.
Founded in 2020 by Özgecan Üstgül, Myth AI is redefining the traditionally slow and costly design processes in fashion. Its closed-source, IP-protected AI platform enables brands to instantly create production-ready, commercially safe, and unique designs, significantly accelerating creativity while reducing costs and waste from sample production.
The AI in fashion market is projected to grow to USD 5.8 billion by 2025 and nearly USD 30 billion by 2034, with a CAGR exceeding 19%. In this fast-evolving landscape, Myth AI is emerging as a strategic player driving innovation, efficiency, and personalization.
Özgecan Üstgül, Founder & CEO of Myth AI, said:
“Fashion has always been about creativity, but the process of bringing that creativity to life has long been a bottleneck slowing down the industry. At Myth AI, our mission is to eliminate this barrier and provide an efficient, instant creative process for brands and designers of all sizes. With the support of visionary partners like Revo Capital and Inveo Ventures, we will advance our technology further and achieve our growth targets, particularly in the South Asian market. This investment is a milestone not just for our company but for our potential to transform the global fashion industry with a technology born in Turkey.”
Cenk Bayrakdar, Co-Founder & CEO of Revo Capital, commented:
“Myth AI stands at the intersection of three critical domains—AI, design, and industrial efficiency—reshaping a massive industry. The proprietary technology and market vision developed by Özgecan’s team clearly differentiate them from competitors. Their use of licensed data ensures strong commercial reliability, creating immense value for enterprise clients.”
Haluk Nişli, General Manager of Inveo Ventures, added:
“Myth AI is a pioneering startup born from Turkey’s strong engineering ecosystem with a vision to transform the global fashion industry. The licensed data-driven AI platform developed under Özgecan’s leadership offers not just speed but also reliability and originality for brands. At Inveo Ventures, we are thrilled to stand by Myth AI and support Turkish technologies in making a global impact.”
