Syntetica, a Paris-based cleantech company, has closed a $30 million Series A funding round led by Bpifrance’s Ecotechnologies fund, marking a significant milestone for the startup’s mission to transform nylon waste recycling. The round saw participation from a diverse investor base including Lululemon, MAS Holdings, SWEN Capital Partners, Indorama Ventures, EQT Ventures, and family offices associated with the Peugeot and Etam groups.
The company, founded in 2023, has developed a proprietary recycling process capable of handling both types of nylon waste in a single operation—a technical challenge that has long plagued the recycling industry. Syntetica’s innovation addresses a significant gap in circular economy infrastructure, as mixed nylon streams have historically been deemed economically unviable to process at scale.
Tackling a Persistent Industry Challenge
Marco Bertone, Co-founder and CEO of Syntetica, commented on the breakthrough: “For decades, mixed nylon waste has been considered too complex and too expensive to recycle at scale. We have shown that it is possible to recover high-value materials from the waste streams the industry has historically written off.”
The funding injection follows Syntetica’s seed round, in which the company raised €4.2 million. With this expanded capital base, the startup is now positioned to accelerate its commercialization efforts and expand its operational footprint across Europe’s sustainability-focused market.
Building Toward Commercial Deployment
The Series A proceeds will be directed toward constructing a commercial demonstration facility in France in partnership with Michelin, the automotive tire manufacturer. This collaboration underscores the strategic importance of nylon recycling to major industrial players seeking to reduce their environmental footprint and develop more sustainable supply chains. The facility represents a crucial step between laboratory-scale innovation and full commercial production.
The diversity of Syntetica’s investor consortium reflects broad market confidence in nylon recycling solutions. The participation of fashion and apparel companies like Lululemon and MAS Holdings suggests strong demand from consumer-facing industries to source recycled materials that meet quality and sustainability standards. Similarly, the backing of Indorama Ventures, a major chemical producer, indicates recognition of nylon recycling’s potential to integrate into existing industrial infrastructure.
European Cleantech Momentum
Syntetica’s funding round contributes to growing momentum in the European cleantech sector, where innovative waste management and circular economy solutions continue to attract institutional capital. The involvement of Bpifrance’s dedicated ecotechnologies fund highlights French and European policy commitment to supporting early-stage companies addressing environmental challenges. As regulatory pressure on plastic and synthetic material waste intensifies across the EU, companies like Syntetica occupy an increasingly critical position in helping industries meet their sustainability targets while developing economically viable recycling pathways.