Syntetica raises $30M Series A for circular nylon recycling
Image: Primary Syntetica has raised $30 million in a Series A funding round to scale its nylon recycling platform and bring its technology to industrial production, the company announced.
The round was led by the Ecotechnologies 2 fund, managed on behalf of the French government by Bpifrance, with participation from SWEN Capital Partners, lululemon, MAS Holdings, existing investor EQT Ventures, and the family offices of Peugeot, Etam and Indorama Venture's largest shareholder. The company also received support from public institutions, including Bpifrance and the European Innovation Council.
Founded by Marco Bertone and Louis Monsigny, Syntetica has developed a patented process capable of recycling both Nylon 6 and Nylon 6,6 from mixed textile waste in a single process. By eliminating the need to separate different nylon types before recycling, the technology addresses one of the industry's key technical barriers to recovering valuable materials from post-consumer textile waste.
The company is already working with brands including Victoria's Secret and Etam, alongside a growing number of global apparel companies. Unlike conventional recycling technologies that primarily process clean manufacturing waste, Syntetica's platform is designed to recover materials from post-consumer textiles. Co-founder and CEO Marco Bertone said the funding marks an important step in bringing the company's recycling technology from the laboratory to commercial-scale manufacturing.
The funding will support the construction of Syntetica's first commercial demonstration facility in France, developed in partnership with Michelin's Centre for Sustainable Materials in Clermont-Ferrand. The plant will transition the company's technology from laboratory scale to industrial production, with the capacity to process hundreds of tonnes of textile waste each year.
Syntetica plans to expand its technology platform beyond nylon into additional materials and applications, including the textiles, automotive and speciality chemicals sectors.
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