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Sustainable textiles are getting a major boost as EverDye, a company creating eco-friendly dye solutions, has raised €15 million in a successful Series A funding round. Led by Crédit Mutuel Innovation and Daphni, with support from Ring, EIC, 212 Next, Asterion Ventures, and Maki.VC, the funding will help EverDye expand its innovative technology across the textile industry.
Founded in 2021, EverDye focuses on reducing the environmental impact of fabric dyeing—one of the most polluting steps in clothing production. The company’s bio-sourced pigments allow fabrics to be dyed at room temperature, cutting energy use by three times compared to traditional methods. This matters because dyeing processes account for “nearly half of the textile industry’s carbon emissions and 20% of global water pollution.”
With this new investment, EverDye is ready to scale its clean dyeing solution, supporting the global shift toward more sustainable, responsible textile production.
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