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Electroloom

The business, the turning points, and the decisions behind them.

Event year2016

01 / WHAT IT BUILT

What the company did

Electroloom was a San Francisco startup, co-founded and led by CEO Aaron Rowley, that built what it claimed was the world's first 3D fabric printer. The machine used electrospinning: a customized liquid polyester/cotton blend was passed through an electrically charged nozzle and spun into nano-fibers, which were drawn onto a clothing-shaped mold to form seamless garments — a tank top, skirt, or beanie — with no stitching. Its 2015 Kickstarter campaign raised $82,344 against a $50,000 goal, offering Alpha prototype units to designers and creators.

02 / Electroloom FAILURE REASONS

Failure reasons

Electroloom ran out of money. As CEO Aaron Rowley wrote in the company's closure blog post, Electroloom had been funded through a mixture of venture capital and government grants, but despite over a year of effort it could not raise a new round; cost-cutting through 2016 was not enough to keep it afloat. Rowley cited slow technical progress, significant scientific risk, the lack of an MVP, and 'a poorly defined market opportunity.' In a later post-mortem he admitted the company bet on electrospinning far too early, bought into its own hype, and pushed a nebulous idea to market before the technology was ready.

03 / EVENT HISTORY

Events in the structured record

  1. Operations ended

    Electroloom announced its closure in August 2016 after more than a year of unsuccessful fundraising.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN

How the factors connect

  1. 01

    In 2016, Electroloom announced its closure in a company blog post by CEO Aaron Rowley, stating it lacked the financial ability to continue.

  2. 02

    Kickstarter backers who had pledged for early-bird Alpha units never received them.

  3. 03

    The underlying electrospinning technology was left in limbo; Rowley moved on to join Vue, a smart-glasses startup.