Paris-based Syntetica Secures $30 Million Series A to Scale Nylon Recycling Technology
Paris-based Syntetica, a company developing a patented process to recycle both types of nylon in a single process, has raised $30 million in a Series A round led by Bpifrance’s Ecotechnologies fund. The funding includes participation from Lululemon, MAS Holdings, and other investors. The company plans to use the funds to scale its technology and build a commercial facility.