Fashion is one of the last major industries that has not embraced full digitalisation of product development and creation. Material Exchange is key in assisting brands and suppliers in the digitalisation of material data needed to source and create products. Consumer demand and competition between brands is forcing brands to change the way they develop products and source materials.Material Exchange was established in August 2016 and when Inventure lead the $2M seed in August 2019 round the company was already working with some of the leading global fashion brands.