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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.
Summary
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. Syntetica promises to recycle two types of nylon — Nylon 6 and Nylon 6,6 — that can’t easily be sorted out from each other in the textile waste collected from consumers, its CEO, Marco Bertone, told TechCrunch.
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