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Consumer Series B Founded 2014

Evrnu

Evrnu develops advanced textile recycling technology that converts cotton waste into new regenerative fiber through its proprietary Nucycl process. The technology collects, sorts, and shreds textile waste, liquifies it to molecular building blocks, purifies the pulp, and extrudes it into r-lyocell fiber that can be tailored for specific performance properties including abrasion resistance, stretch, and absorption.…

📍 Seattle, United States · Fashion Tech,

Funding snapshot

Last roundSeries B
Amount$375K
Date22 March 2024
Total raised$29M
Team size21

About

Evrnu develops advanced textile recycling technology that converts cotton waste into new regenerative fiber through its proprietary Nucycl process. The technology collects, sorts, and shreds textile waste, liquifies it to molecular building blocks, purifies the pulp, and extrudes it into r-lyocell fiber that can be tailored for specific performance properties including abrasion resistance, stretch, and absorption. Nucycl fiber is equal to or stronger than virgin cotton, 100% plant-based, biodegradable, and can be recycled up to 5 times with no quality deficit. Founded in 2014 and headquartered in Seattle, Washington, the company has raised approximately $29.4M in Series B funding. Evrnu differentiates itself through partnerships with major brands including Stella McCartney, Levi's, Zara, Pangaia, and Carlos Campos, recognition as a World Economic Forum Technology Pioneer 2024, and selection for CNBC's Disruptor 50 list and TIME Best Inventions.

Business model

Advanced Materials > Textile > Sustainable Fabrics,

Fashion Tech > Innovative Materials > Sustainable Fabrics,

Solid Waste Management Tech > Recycling > Technology Providers > Textile Recycling

Institutional investors

BESTSELLER FullCycle Hansae PDS Radicle Impact Partners Twynam Plum Alley Investments The Mills Fabrica Giant Leap Magic Hour Gotham Gal For Good Ventures PeakChange Future Tech Lab E8

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