EXCLUSIVE: Forward-Looking Fiber Firm Evrnu Snags $9 Million in Series A

Seattle-based textile innovation company Evrnu, which has worked with Levi’s, Adidas and Stella McCartney, has revealed the closing of its Series A financing round, which raised $9.1 million. The round was led by Radicle Impact and brings Evrnu’s total funding to date to $11.7 million. New investors in the round include The Mills Fabrica Fund and Giant Leap Fund, which join the existing roster of investors, including Closed Loop Partners, CYCLEffect Regenerative Ventures, Future Tech Lab and Magic Hour. If it seems like a new hybrid investment firm, public relations agency or sustainable business is appearing every other day, it’s because they are — and like Evrnu, they operate in the future tense. Evrnu even worked with Adidas’ “futures team,” who work three to five years ahead of their in-line teams. Adding context, Stacy Flynn, chief executive officer and cofounder of Evrnu, told WWD the mission at Evrnu is to create a “higher level of consciousness,” partially through developing regenerative fiber technology innovations, which turn post-consumer textile waste into new premium textiles. “If there is an industry that can show the world how beautiful something can be, it is the fashion industry fully embracing regenerative design,” Flynn said. Evrnu’s early prototyping was adopted by Levi’s in

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