Paris-based Ever Dye, a deep-tech startup, announced on Wednesday, February 1, that it has raised €3.4M in a Seed round of funding. The startup creates a chemical method for textile dyeing factories to colour fibres quickly, efficiently, and without the use of petrochemicals.
Besides, the round also saw participation from Entrepreneur First, a company that brings together ‘exceptional’ people to meet their co-founders and build global startups. This is where Ever Dye’s founders met.
The Seed round also includes a portion of non-equity funding from a French investment bank.