Amsterdam-based VNYX Raises Over €1M To Scale Profitable Fashion Resale

The round includes strategic investment and government grants, marking its shift into a post-revenue, client-focused growth phase.

Founded in 2025 VNYX streamlines resale of returns, overstock and second-hand garments, helping fashion companies scale operations while complying with European regulations such as Extended Producer Responsibility (EPR) and bans on destroying unsold goods.

By combining AI-powered software with proprietary (and soon-to-be patented) hardware VNYX has reduced processing time per item from 19 minutes to just 3 minutes, significantly improving efficiency and profitability.

Its VNYX10 system currently handles around 10,000 items annually for partners like BOAS and Bever, generating immediate revenue while working toward its ambitious one-minute resale target.

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VNYX is backed by a strong network of partners supporting both its technical and commercial growth. These include Baltic Business Angels and Squads Fund, which provide mentorship on complex hardware-software integration.

Impact-focused organisations like Stichting DOEN and Earthstar help align its growth with environmental impact while RVO supports R&D through non-dilutive funding. Spark Design & Innovation is also a key partner in developing its hardware systems.

Looking ahead VNYX plans to launch its next-generation VNYX100 system, capable of processing 100,000 items annually with delivery to BOAS scheduled for June 2026. The company is also preparing its more advanced VNYX1000 which it describes as the world’s first resale robotics and AI system designed to handle over one million items per year.

As it enters this next growth phase, VNYX is actively seeking venture capital partners focused on circular economy, DeepTech, ClimateTech, and fashion logistics, along with brands and resellers aiming to make large-scale fashion resale both profitable and sustainable.

“Any brand who wants to go below one minute with us can join right now. We dump and burn one garbage truck of textile every three seconds, so every second counts. The right time to act is now,” said Romy Goedhart, co-founder of VNYX.

About VNYX

VNYX develops AI-powered robotic systems that make fashion resale profitable. Its technology helps brands monetise overstock, returns and vintage items, replacing wasteful practices like dumping or burning with scalable revenue-generating resale solutions for a more sustainable fashion industry.