Seattle-based textile innovation firm Evrnu, which has labored with Levi’s, Adidas and Stella McCartney, has revealed the closing of its Sequence A financing spherical, which raised $9.1 million. The spherical was led by Radicle Influence and brings Evrnu’s whole funding to this point to $11.7 million.
New traders within the spherical embrace The Mills Fabrica Fund and Big Leap Fund, which be part of the present roster of traders, together with Closed Loop Companions, CYCLEffect Regenerative Ventures, Future Tech Lab and Magic Hour.
If it looks as if a brand new hybrid funding agency, public relations company or sustainable enterprise is showing each different day, it’s as a result of they’re — and like Evrnu, they function sooner or later tense. Evrnu even labored with Adidas’ “futures team,” who work three to 5 years forward of their in-line groups.
Including context, Stacy Flynn, chief government officer and cofounder of Evrnu, advised Internetthe mission at Evrnu is to create a “higher level of consciousness,” partially by growing regenerative fiber expertise improvements, which flip post-consumer textile waste into new premium textiles.
“If there is an industry that can show the world how beautiful something can be, it is the fashion industry fully embracing regenerative design,” Flynn stated.
Evrnu’s early prototyping was adopted by Levi’s in
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