What does EverDye do?
EverDye develops an energy-efficient dyeing process designed to make sustainable fashion more accessible by reducing waste and enhancing circularity in the textile industry.
How much did they raise?
The company raised €15M in a Series A round led by Crédict Mutuel Innovation and Daphni, with participation from Ring Capital, EIC Fund, 212 Next, Asterion Ventures, and Maki.VC.
What are their plans for the money?
EverDye plans to use the funds to ramp up industrial production and meet growing textile demand, aiming to triple its workforce by 2028 and drive wider adoption of green manufacturing practices.
What have they achieved so far?
The company has already made significant progress by pioneering a sustainable and energy-efficient dyeing process that reduces waste and improves product circularity.
