Evrnu

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Waste Recovery & Management Tech?
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Early
?
Recycled textiles
?

Evrnu develops a wide range of regenerative fiber technologies to produce apparel products from textile waste. The company also looks into garment-to-downcycling technologies to produce paper or packaging out of textile waste. The company has patented commercial technology, NuCycl (launched in 2019), which uses a re-polymerization process to convert textile waste into renewable fibers called NuCycl fiber. Other patent-pending fiber technologies include regenerative cellulosic, regenerative polyester, recoverable stretch, and bio-engineered fibers. 

The company’s technology can recycle 90% of apparel types and aims to successfully recycle all types of textiles by 2030. In addition, the company claims that its recycled fiber can be recycled 5x while maintaining the same quality. In March 2024, the company launched its first D2C product called the "360 Hoodie" made from NuCycl, which retails for USD 600.

Evrnu’s first commercial manufacturing facility is slated to open in 2024 with annual capacity of producing 18,000 tons of Nucycl fiber.

Key customers and partnerships

Evrnu has partnered with leading brands such as Adidas, Levi’s, and Stella McCartney to commercialize its NuCycl technology. In March 2022, the company partnered with designer Carlos Campos to launch a premium T-shirt made from Evrnu’s “100% NuCycl r-lyocell” material, marking the  first commercial use case of its recyclable material. In December 2022, the company entered into a supply partnership with global fashion brand Zara for the launch of the latter’s capsule collection “Zara x Evrnu” made from Evrnu’s NuCycl Lyocell. In October 2023, Evrnu partnered with Bestseller to release a recycled textile line.

Funding and financials

Evrnu raised USD 15 million in a Series B funding round led by FullCycle Climate Partners in November 2021, for developing Evrnu’s technology platform “NuCycl” and to scale production of the fiber made via its technology.

HQ location:
3200 1st Ave South Suite 200 Seattle WA USA
Founded year:
2014
Employees:
1-10
IPO status:
Private
Total funding:
USD 25.7 mn
Last Funding:
USD 15.0 mn (Series B; Nov 2021)
Last valuation:
-
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