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Evoralis

PRESS RELEASE / Financials

20 September 2024

 6 minutes
The textile industry is at a critical juncture, with global fiber production nearly doubling over the past two decades to 109 million tonnes in 2023 much of which is not, and cannot be, recycled.

Evoralis Secures £2.5M to Solve Enzymatic Recycling for Textiles

LONDON, U.K.: Evoralis, a pioneering company specializing in the discovery and development of plastic-depolymerizing enzymes, has raised £2.5M in a Seed funding round. This investment marks a significant milestone in Evoralis' mission to transform the recycling landscape for textiles and other plastics. The round was led by LIFTT S.p.A with co...
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The Sheep Inc mission goes beyond creating exceptional knitwear. It seeks to reimagine the fashion industry's approach to the environment. Instead of merely offsetting emissions, Sheep Inc strives to make a positive impact, pledging to remove more CO2 from the atmosphere than the manufacturing process creates.

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