Paris-based Syntetica, which has developed a novel process to recycle nylon, has secured a $30m Series A round led by Bpifrance’s Ecotechnologies fund.
Other investors in the round include fashion brand Lululemon, clothing manufacturer MAS Holdings, SWEN Capital Partners and Indorama Ventures, the venture arm of the Singaporean materials manufacturer. Existing investor EQT Ventures, plus the family offices of Peugeot and Etam, also invested.
Syntetica was founded in 2023 and secured a €4.2m seed round in 2024.
Nylon is one of the world’s most widely used synthetic materials, applied in the making of everything from toothbrushes and kitchen utensils to clothing and tents.
The two most common forms have different chemical structures and have therefore required separate recycling processes. According to a 2024 analysis from BCG, less than 1% of global recyclable clothing was re-made into textiles.
Syntetica has developed a patented process capable of recycling both forms of nylon in a single process, removing the need to identify and separate different nylon types before recycling.
“For decades, mixed nylon waste has been considered too complex and too expensive to recycle at scale,” says Marco Bertone, cofounder and CEO of Syntetica. “We have shown that it is possible to recover high-value materials from the waste streams the industry has historically written off.”
Syntetica is currently working with brands including Victoria’s Secret and Etam. The company plans to use its new funds to build a commercial demonstration facility in France, in partnership with Michelin.
