Business News Report
April 11, 2023

Luxury Fashion Platform SYKY Announces its Digital Fashion Incubator

In Brief

SYKY announces the launch of its digital fashion incubator, the SYKY Collective.

Digital designers can apply though May 2.

Luxury Fashion Platform SYKY Announces its Digital Fashion Incubator

Digital-centered luxury fashion platform SYKY announces the launch of SYKY Collective. 

SYKY was founded by Alice Delahunt, the former Chief Digital Officer at Ralph Lauren and the ex-Global Director of Digital and Social at Burberry. 

The platform went live at the beginning of this year, and in the middle of January, SYKY presented its first NFT collection featuring 987 tokens. The same month, the startup received $9 million from Alex Ohanian’s venture fund Seven Seven Six. Noted VC firms Brevan Howard Digital, First Light Capital Group, and Leadout Capital also participated in the round. 

With the support, SYKY is ready to launch its first cohort, “SYKY Collective.” Alice Delahunt believes that the digital creators of today are the luxury designers of tomorrow. So, the platform is looking for ten talented digital designers that have it all to revolutionize the industry. 

The SYKY Collective members will have access to a variety of benefits. Individuals can showcase their collections, experience industry moments, expand their skill sets, and get mentorship from fashion and tech experts. Among the cohort’s mentors are Calvin Klein’s CMO Jonathan Bottomley, Vogue’s creative editorial director Mark Guiducci, Matthew Ball, and others. 

Notably, SYKY will publish selected designers’ works on the platform, allowing designers to get more visibility. In addition, talents will have the opportunity to work with existing web3 and fashion houses and brands. 

Interested digital designers can apply to the SYKY Collective through May 2 at 11:59 PM ET. The applications will have three rounds of selection. Individuals that make it to the second round will be notified in early May. It’s worth noting that SYKY will get a 5% ownership percentage of each successful applicant’s business. 

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About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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