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Evrnu is an advanced materials innovation company engineering high-performance textile fibers from discarded clothing. Its core product, NuCycl®, employs a proprietary process to regenerate cotton textile waste into new lyocell fibers. This technology creates materials matching or exceeding virgin resource quality, facilitating repeated textile recycling and reducing environmental impact.
Stacy Flynn and Christopher Stanev founded Evrnu in 2014, driven by their deep understanding of the global textile waste crisis and the fashion industry's environmental footprint. Their textile expertise led to developing scalable, regenerative solutions, aiming to transform apparel production via innovative fiber technology.
Evrnu partners with global fashion and apparel brands, supplying sustainable fiber alternatives. The company's vision is to establish a truly circular textile economy, striving for all textiles to be successfully recyclable by 2030 and guiding the industry towards a net-neutral future by 2050 through advanced material science.
Evrnu has raised $9.1M across 1 funding round.
Evrnu has raised $9.1M in total across 1 funding round.
Evrnu has raised $9.1M in total across 1 funding round.
Evrnu's investors include Kat Taylor, Giant Leap, Magic Hour, Plum Alley, The Mills Fabrica, Twynam.
Evrnu is a materials‑innovation company that regenerates cotton‑rich textile waste into a high‑performance, recyclable fiber (branded Nucycl®) and licenses that technology and supply solutions to brands, mills and recyclers to close the loop in apparel supply chains.[2][5]
High‑Level Overview
As a portfolio company (product/market snapshot)- Product: Nucycl®, a lyocell‑type engineered fiber produced from liquified and extruded cotton‑rich textile waste.[5][2]- Customers / who it serves: Apparel brands, textile mills, fiber producers, recyclers and retailers seeking lower‑impact, circular raw materials.[2][3]- Problem solved: Addresses massive textile waste (discarded garments and production scraps) and the environmental harms of virgin cotton and polyester by converting waste into repeatably recyclable, high‑performance fiber.[3][5]- Growth momentum: Evrnu has moved from R&D to commercialization, been recognized as a World Economic Forum Technology Pioneer, secured plans for a commercial manufacturing facility with projected capacity (18,000 t/yr) targeted for commissioning in 2026, and operates via licensing and partnerships to scale regionally.[4][5][3]
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: Evrnu occupies a strategic position between textile recycling infrastructure and material production—its technology and licensing model, industry recognition, and planned commercial capacity make it one of the more credible paths toward textile circularity, provided it can scale economically and secure broad brand and mill adoption.[5][3][4]
Limitations and uncertainties to watch: commercial cost parity with virgin fibers, effectiveness of global collection/sorting systems for feedstock, and the timeline and execution risk for the planned facility are the main variables that will determine Evrnu’s real‑world impact; these factors are emphasized in Evrnu’s own materials and industry analyses.[5][3]
Evrnu has raised $9.1M across 1 funding round. Most recently, it raised $9.1M Series A in October 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 4, 2019 | $9.1M Series A | Kat Taylor | Giant Leap, Magic Hour, Plum Alley, The Mills Fabrica, Twynam |