# CAPSULE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/capsule-2

- Industry: Internet
- Headquarters: Aarhus, Denmark
- Website: www.capsuleapp.io/
- Total disclosed funding: $0.6M
- Latest round: Seed (Mar 6, 2023)
- Investors on record: 2

## About

Based in Copenhagen, Denmark, and founded in 2021 by Martin Lykke Suhr, CAPSULE operates as an e-commerce platform that helps women overcome everyday wardrobe issues and reduce overconsumption. In March 2023, CAPSULE raised EUR 6 million in seed funding from investors The Aventures and UNICO Capital. As of 2023, the company is led by its CEO, Frank Hjortekær-Jensen.

The company offers a mobile application platform that helps users to digitize their wardrobe by adding clothing items that automatically remove the background for a clean and polished digital representation.

The app includes an outfit-creator feature that allows users to rediscover and experiment with their wardrobe. It enables users to swipe through outfit combinations and create new looks on the fly.

The company plans to use the March 2023 funding to develop the app further, implement new revenue streams, and expand the international community.

## Funding rounds

- Seed, Mar 6, 2023, $0.6M — UNICO Capital, The Aventures

## Investors

- UNICO Capital — Seed
- The Aventures (https://capitalatlas.ai/funds/the-aventures) — Seed