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EverDye raised €15M in Series A funding led by Crédit Mutuel Innovation and Daphni to ramp up production and meet textile industry demand.

Jun 25, 20256 months ago

Amount Raised

€15 Million

Round Type

series a

ParisManufacturing

Investors

Maki.VcAsterion Ventures212 NextEic FundRing CapitalDaphniCrédit Mutuel Innovation

Description

EverDye, a Paris-based developer of an energy-efficient dyeing process for sustainable fashion, raised €15M in Series A funding. The round was led by Crédit Mutuel Innovation and Daphni, with participation from several investors. The company plans to use the funds to enhance its industrial production capabilities. EverDye aims to triple its workforce by 2028 while improving sustainability in the textile industry.

Company Information

Company

EverDye

Location

Paris, Ile De France, France

About

EverDye is revolutionizing the textile industry with a greener, faster, and energy-efficient dyeing process that eliminates waste and enhances circularity. By offering a recyclable and reusable dye solution, EverDye is committed to depolluting one of the most environmentally harmful stages of textile production, paving the way for a more sustainable and responsible fashion ecosystem.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech