Syntetica raises $30M Series A
Analysis based on 8 articles · First reported Jul 16, 2026 · Last updated Jul 16, 2026
The investment signals growing interest in textile recycling technologies, potentially reducing costs and volatility for nylon-dependent industries. Lululemon's involvement may enhance its sustainability credentials, while Syntetica's scale-up could disrupt virgin nylon markets.
Paris-based recycling startup Syntetica announced a €26.1 million ($30 million) Series A funding round to commercialize its virgin-quality recycled nylon production. The round was led by France — Bpifrance's Ecotechnologies 2 fund, with participation from Lululemon, MAS Holdings, Swen Capital Partners, EQT AB, and family offices of Stellantis — Peugeot, Etam, and Indorama Ventures. The European Council also supported the round. Syntetica's patented process recycles both Nylon 6 and Nylon 6,6 from mixed textile waste without pre-sorting, addressing a key industry challenge. The funds will build a commercial demonstration facility in France in partnership with Michelin Guide, processing hundreds of tons of waste annually. Syntetica already works with Victoria s Secret and Etam. The company aims to reduce reliance on virgin fossil-based nylon, which currently accounts for only 2% of the market despite global production of 7 million tons in 2024.
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