Syntetica, a trailblazing startup in the field of nylon recycling, has announced a significant milestone with the successful closure of a €4.2 million Seed funding round. Led by EQT Ventures and backed by a consortium of investors including Peugeot and ETAM family offices, Syntetica is poised to redefine sustainability in the textile industry with its advanced depolymerisation technique.
The textile industry, notorious for its environmental footprint, contributes significantly to global carbon emissions. A major culprit is nylon, which often ends up in landfills due to the challenges posed by its blend with other fibers like cotton and polyester. These blends enhance the fabric’s performance but complicate recycling efforts, making traditional methods energy-intensive and costly.
Syntetica’s breakthrough depolymerisation process circumvents these challenges by selectively breaking down nylon and other fibers without the need for high pressure or extreme temperatures. This innovative approach separates materials at a molecular level, enabling them to be efficiently reintegrated into new clothing manufacturing processes. By closing the loop in nylon recycling, Syntetica aims to drastically reduce the industry’s carbon footprint and divert millions of tons of textiles from landfill disposal.
Marco Bertone, co-founder and CEO of Syntetica, expressed enthusiasm about the funding and the company’s mission. “Syntetica was founded to provide a sustainable solution for closing the loop in nylon recycling, offering retailers a viable means to reduce their carbon emissions and promote circularity in fashion,” Bertone stated. The endorsement from prominent investors and leading fashion brands underscores the confidence in Syntetica’s technology and its potential to drive meaningful change in the industry.
Syntetica’s strategic partnership with Etam Group, France’s leading lingerie brand, further solidifies its commitment to sustainable fashion. Laurent Milchior, Chairman and CEO of Etam Group, highlighted the importance of decarbonization and sustainability in the textile sector. “We are thrilled to collaborate with Syntetica on launching a groundbreaking capsule collection using fully recycled textiles, marking a significant step towards achieving environmental goals,” Milchior remarked. Source: Tech.eu
Editorial Opinion:
Syntetica’s recent funding round marks a pivotal moment in the journey towards sustainable fashion and circular economy practices. By addressing the challenges posed by nylon recycling through innovative technology, Syntetica not only meets the growing demand for eco-friendly solutions but also sets a new standard for environmental stewardship in the textile industry.
The scalability of Syntetica’s depolymerisation process and its potential to integrate seamlessly into existing manufacturing infrastructures bode well for widespread adoption across fashion and automotive sectors. As global awareness of environmental impact continues to grow, Syntetica stands at the forefront of a movement towards more responsible production practices.
With continued investment in research and development, coupled with strategic partnerships, Syntetica is well-positioned to lead the charge in transforming the textile industry into a more sustainable and circular ecosystem. The trajectory of Syntetica highlights not just technological innovation but also a profound commitment to shaping a greener future for fashion.
If you need further assistance or have any corrections, please reach out to editor@thetimesmag.com.
