Evrnu
Latest round
- Series B
Last raised
- Oct 2021
Total raised
- $15M
Investors
- 13
About Evrnu
Based in Seattle, Washington, Evrnu Inc. specializes in advanced material innovation, transforming textile waste into sustainable fiber solutions.Evrnu Inc. is dedicated to regenerating cotton waste into new fibers, primarily using its proprietary Nucycl® technology.41 mn.Evrnu® specializes in advanced material innovation, particularly through its proprietary Nucycl® technology, which regenerates cotton waste into new fibers that can be repeatedly reformed. The primary offering, Nucycl® lyocell fiber, is derived from used garments and textile production waste, particularly those with high cotton content. This fiber is engineered to meet specific performance properties required by various applications, including casual apparel, footwear, and home textiles. Key partnerships with brands such as Levi’s, Stella McCartney, and Zara showcase Nucycl®’s versatility and market demand, as these companies utilize the fiber in their sustainable product lines.Evrnu® generates revenue through partnerships and collaborations with fashion brands, utilizing a business-to-business (B2B) transaction model. These partnerships involve the sale of Nucycl® fiber to retailers and manufacturers, who incorporate the material into their product lines. The transaction structure is characterized by custom agreements based on order volumes and specific material requirements. Evrnu® also engages in take-back programs where retailers can provide used textiles as a raw material input for Nucycl® production, further enhancing the brand's commitment to circularity.Evrnu Inc. plans to expand its product line with the introduction of new Nucycl® variants tailored for additional textile applications, expected to launch in 2024.
Who invested in Evrnu
13 investors across 2 rounds
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Questions about Evrnu
Who invested in Evrnu?
Evrnu has 13 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Evrnu raised?
Evrnu has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Evrnu last raise money?
Evrnu's most recent round on record is a Series B, in Oct 2021.
What does Evrnu do?
Based in Seattle, Washington, Evrnu Inc.
Where is Evrnu headquartered?
Evrnu is headquartered in Seattle, US.
Which VCs invest in companies like Evrnu?
Among active investors with capital left to deploy, Kimmeridge, GEF Capital Partners, S2G Ventures and CAVU Consumer Partners back materials companies at Evrnu's stage. Their profiles are linked below.
VCs backing materials startups at Series B
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