Syntetica Secures $30 Million in Series A Funding
Syntetica, a Paris-based startup focused on producing virgin-quality recycled nylon using green chemistry, has successfully raised $30 million in a Series A funding round. The funding, announced on July 15, 2026, was led by the Ecotechnologies 2 fund managed by the Green Venture team at Bpifrance. Additional investors include EQT Ventures and SWEN Capital Partners.
Innovative Recycling Approach
Co-founded by Louis Monsigny and Marco Bertone, Syntetica has developed a method to recycle textile waste into sustainable Nylon 6 and 6,6, which are primarily used in automotive applications. The company's technology addresses the challenge of separating these types of nylon from mixed textile waste, a problem that has historically hindered recycling efforts.
Strategic Partnerships
Syntetica's approach has attracted interest from major brands, including Lululemon, Victoria's Secret, and Etam, who are looking to enhance the circularity of their products. "We have built the company with the clarity that there's no green premium," said Marco Bertone, Co-founder and CEO. "If you want to scale real solutions for a sustainable world, it needs to be cost-competitive, highly scalable, and you need to build partnerships from the very start."
Industry Context
The investment in Syntetica comes at a time when the fashion industry is under increasing pressure to adopt sustainable practices. The geopolitical turmoil affecting the oil industry has led to price volatility in nylon, highlighting the need for alternative sources such as recycled nylon. Bertone noted that recent price fluctuations have been a "wake-up call" for companies reliant on traditional petrol-sourced nylon.
Use of Funds
The $30 million raised will be used to scale Syntetica's operations and bring its recycling projects to market. The company plans to launch a recycling project in collaboration with MAS Holdings, a significant player in the apparel manufacturing sector, which also participated in the funding round. This demonstrates a growing recognition of the importance of sustainable supply chain solutions.
Future Prospects
With its innovative recycling technology and strong industry partnerships, Syntetica is well-positioned to make a significant impact in the sustainable materials sector. The successful Series A round marks a critical step in the company's growth, providing the resources needed to expand its operations and meet the increasing demand for sustainable nylon solutions.