This startup is one step closer to cracking the code on 3D printing shoes with a $3 million investment led by former Nike executives
The 3D-printed footwear company Hilos has announced a $3 million investment round that includes funding from longtime Nike executives, including former Chief Operating Officer Eric Sprunk.
As part of the round, Bui, who worked at Nike as vice president of global footwear sourcing and manufacturing, joined Hilos staff to work on special projects. Footwear manufacturing is inherently wasteful and time consuming. It requires making a mold of a foot, called a last, then piecing a shoe together around it. Most shoes are made with 65 parts and 360 manufacturing steps, according toOn top of that, most sneakers get sewn and glued together in Southeast Asia, which means extra carbon emissions from shipping compared to creating products in home markets. Elias Stahl is cofounder and CEO of Hilos.
"We developed a new way to make shoes so that the moment a customer buys, or someone walks off out of the store with something, we make and resupply that product within 72 hours," Stahl said."We're now fulfilling at the speed as if something was made in advance and sitting in a distribution center."
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