Syntetica
Assembly Line
Syntetica raises €4.2 million to scale nylon recycling for the global clothing market
Syntetica, an innovative nylon recycling startup helping to solve the pollution problem in the fashion industry, has successfully raised €4.2 million in a seed round led by EQT Ventures with participation from the family offices of Peugeot and ETAM, Volta Circle (Indorama Ventures’ shareholders family office), Better Angle, Pareto Holdings, Athletico Ventures, Bear Flag Capital and high-profile angels 2-time Formula-E champion Jean-Éric Vergne, IDEC Group CEO Patrice Lafargue, and former tennis player Paul-Henri Mathieu.
Syntetica will use the fresh capital to build out the team’s existing expertise with additional technical talent and begin producing the first fully recycled nylon materials for fashion and automotive clients with the aim of reaching a pre-industrial stage by mid-2026.