The textile dye specialist BIOS with BIOS with the DYE specialist has announced the collection of 15 million euros to finance their movement on an industrial scale.
The company based in Romainville directed this financing round with Credit Mutuel Innovation and the Daphni Fund, while Ring Capital, Eic Fund and 2021 participated in the agreement together with historical investors Asterion Ventures and Maki VC.
Ever Ever Dye had already raised 3.4 million euros in January 2023. Directed by Philippe Berlan, former managing director of La Redoute, the company offers a dyeing process based on biography that can be used through existing dye infrastructure. This approach, based on biocontratated pigments, could reduce the carbon impact of the textile dyeing by 61% to 89%.
A dyeing study, which is still one of the main black points in the textile supply chain, from an environmental point of view. Often derived from petrochemicals, pigments and their applicators are responsible for 20% of global water pollution. It is even said that the dye represents 52% of carbon emissions in the sector, especially through the amount of energy consumed by the processes.
After three years of development, Ever Dye's Process has now received the commitment of retailers and brands such as Lacoste, Adore Me, Kiabi and Petit Bateau. An important French luxury brand has also committed to a concrete collaboration with the company, which now intends to move from the laboratory to the factory stage.
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