Seattle Washington based EVRNU is raising $18,089,860.00 in New Equity Investment.
Seattle, WA – According to filings with the U.S. Securities and Exchange Commission, EVRNU is raising $18,089,860.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Stacy Flynn played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About EVRNU
Evrnu is a textile innovations company that has invented a new kind of engineered fiber called NuCycl that provides extraordinary performance and environmental advantages, made from discarded clothing. Discarded textiles are an untapped natural resource. Evrnus suite of innovative NuCycl technologies are designed to help the global textile industry grow by unlocking the full potential of the worlds existing natural resources. A future where textile producers, apparel brands, retailers and consumers realize a lasting change in environmental impact is becoming a reality by eliminating waste, lowering carbon footprints, and achieving substantial water savings. Evrnu is the inventor and intellectual property owner of a wide range of NuCycl regenerative fiber technologies, which enable entirely new products to be made from discarded clothing, not just once but multiple times. Even the toughest type of textile waste 100% post-consumer can be turned into new materials with NuCycl. An estimated 92 million tons of waste is created annually from the fashion industry. With innovative new thinking and new technologies, we have the opportunity to take what is being wasted and transform it into a resource. NuCycl by Evrnu is a powerful solution to the problem of textile waste.
To learn more about EVRNU, visit http://www.evrnu.com/
Contact:
Stacy Flynn, Chief Executive Officer
206-466-5269
stacy@evrnu.com
https://www.linkedin.com/in/stacyeflynn/
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