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Lululemon backs nylon-recycling startup Syntetica in $30M Series A
Activewear company Lululemon has invested in the $30 million Series A round raised by Syntetica, a French startup that developed a novel approach to recycling nylon, whose properties make it both too good to give up but hard to reuse.
AI Summary
Lululemon's investment in Syntetica highlights the growing interest in sustainable materials. The $30 million Series A funding will support Syntetica's efforts to develop a nylon-recycling technology.
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