Bombiix raises £530K to scale sustainable product lifecycle management
We’re incredibly proud to share that Bombiix has secured a £530,000 investment from Finance Yorkshire’s Growth Fund. This is a huge milestone that is going to supercharge our mission to transform how brands manage their products from concept to customer.
Bombiix was born almost 10 years ago in Yorkshire, sparked by founder Lucy Blackley’s experience in product development and the fashion industry.
Using her experience, Lucy has built a PLM software solution which delivers a one-stop shop for brands and SMEs, helping them to develop and improve their product readiness for market while saving time and money.
Our customers specialise in the supply of consumer goods, operating in the UK, North America, Europe and China. The potential for growth is also being driven by new sustainability regulations which will require all products being sold in the EU to have Digital Product Passports.
A £530,000 investment from Finance Yorkshire’s growth fund is supporting the business to market its PLM solution to new customers and recruit additional staff to our five-strong team at its base at the ergo business centre in Hessle, East Yorkshire.
Finance Yorkshire’s regional Fund provides flexible investment packages to eligible SMEs based or moving to areas within Yorkshire and Humber with ambitions to expand, create jobs and improve productivity.
Lucy, who has previously worked for fashion giant Zalando, said: “Our solution takes brands and SMEs from concept and product development through to production and beyond.
“It groups everything in one place and creates a single source of truth for the users’ product workflows and data, demonstrating transparency and sustainability.
“We’ve added to our team in Yorkshire – we like to hire from within the region where there is so much talent.”
Lucy added: “We were ready to grow when we approached Finance Yorkshire – the investment will help us capture more customers and strengthen our marketing campaign.”
Bombiix already counts Smiffys, Rubies, Radley and Joanie Clothing amongst its clients.
In September last year Neil Weaver, previously Global Supply Chain & IT Director at Cath Kidston, was appointed as CEO to Bombiix to help scale the business through this exciting and important period of growth.
There is potential to grow the business in other sectors including food and drink, “My ambition is to become an adaptable PLM that can work for businesses across multiple product categories,” added Lucy.
Finance Yorkshire CEO Alex McWhirter said:
“Lucy’s knowledge and experience of PLMs has enabled her to build a solution which is fully focussed on the product. We are pleased to support her and the team at Bombiix to reach a wider client base in its established sectors as well as venturing into new markets.”
We’re so grateful to Finance Yorkshire for their belief in what we’re building.
Want to see what we do next?
Product Lifecycle Management that grows with you
Whether you’re expanding your product range, entering new marketplaces, or launching new collections, Bombiix PLM scales with your brand.