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Syntetica Raises $30M for Nylon Recycling Tech

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Paris-based Syntetica has secured a $30m Series A round led by Bpifrance's Ecotechnologies fund to scale its patented nylon recycling technology. The round includes fashion brand Lululemon, clothing manufacturer MAS Holdings, SWEN Capital Partners, Indorama Ventures, existing investor EQT Ventures, and the family offices of Peugeot and Etam. The company, founded in 2023, previously raised a €4.2m seed round in 2024.

Nylon is among the world's most widely used synthetic materials, yet less than 1% of global recyclable clothing is re-made into textiles, per a 2024 BCG analysis. The two common nylon forms have different chemical structures, traditionally requiring separate recycling processes. Syntetica has developed a single process capable of recycling both forms, eliminating the need to identify and separate nylon types beforehand.

"For decades, mixed nylon waste has been considered too complex and too expensive to recycle at scale," says Marco Bertone, cofounder and CEO. "We have shown that it is possible to recover high-value materials from the waste streams the industry has historically written off." Syntetica currently works with brands including Victoria's Secret and Etam.

The new funds will finance a commercial demonstration facility in France, in partnership with Michelin.