Founded in 2025 and based in Amsterdam, VNYX combines software, AI and proprietary hardware to automate complex resale workflows for returns, overstock and second-hand garments. Its current VNYX10 system processes about 10,000 items annually for partners including BOAS and Bever and has generated immediate commercial revenue. The company says it has reduced processing times from 19 minutes to 3 minutes per item and is targeting a “1-minute promise” by the end of the year. VNYX is developing a next-generation VNYX100 (100,000 items annually) scheduled for delivery to BOAS in June 2026 and is planning the VNYX1000 platform to exceed 1 million items annually. The business combines soon-to-be-patented hardware with AI-driven software and is positioning itself to help brands comply with European EPR rules and bans on destruction of goods while scaling resale operations. Having entered a post-revenue phase, VNYX has secured over €1M in strategic investments and government grants to fund R&D, product development and commercial scaling.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

May 2026