2026-05-02
VNYX raises €1M Seed
Amsterdam-based VNYX raised over €1M in a Seed round with Baltic Business Angels and Squads Fund alongside non-dilutive R&D funding from RVO.
Round at a Glance
| Company | VNYX |
| HQ | Amsterdam, Netherlands |
| Amount | €1M |
| Round | Seed |
| Date | 2026-05-02 |
| Valuation | Not disclosed |
| Total Disclosed Funding | Over €1M |
Company Snapshot
VNYX is a Netherlands-based fashion resale technology company. According to the company's public materials, the product helps fashion brands automate the resale of returns, overstock, and second-hand garments using proprietary hardware and AI software.
Investors in This Round
| Investor | Investor HQ Country | Notes |
|---|---|---|
| Baltic Business Angels | Latvia | Participant |
| Squads Fund | Netherlands | Participant |
| RVO (Netherlands Enterprise Agency) | Netherlands | Non-dilutive grant |
Known Cap Table
| Investor | Round(s) | Investor HQ Country |
|---|---|---|
| Baltic Business Angels | Seed | Latvia |
| Squads Fund | Seed | Netherlands |
Total disclosed funding: over €1M.
Sources
- https://www.eu-startups.com/2026/05/amsterdams-vnyx-secures-over-e1-million-to-make-fashion-resale-more-profitable-than-dumping-and-burning/
- https://roboticsandautomationnews.com/2026/05/03/vnyx-raises-e1-million-to-scale-robotics-and-ai-for-automated-fashion-resale/101182/
- https://bebeez.eu/2026/05/01/amsterdams-vnyx-secures-over-e1-million-to-make-fashion-resale-more-profitable-than-dumping-and-burning/