Evrnu
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $362k | Debt | |
$9.1m | Series A | ||
N/A | - | ||
$15.0m | Series B | ||
Total Funding | CAD32.9m |
Recent News about Evrnu
EditEvrnu is a textile innovations company focused on transforming discarded textiles into new, high-quality fibers through its proprietary technology, NuCycl. Operating within the global textile industry, Evrnu serves textile producers, apparel brands, retailers, and environmentally conscious consumers. The company’s business model revolves around licensing its technology to textile manufacturers and partnering with brands to create sustainable products. Evrnu generates revenue through technology licensing fees and collaborative product development agreements. By converting pre- and post-consumer textile waste into pristine new fibers, Evrnu aims to reduce environmental impact and promote a circular economy in the fashion industry.
Keywords: textile innovation, regenerative fibers, NuCycl technology, sustainable fashion, circular economy, waste reduction, apparel brands, textile producers, environmental impact, technology licensing.