Lululemon and MAS Holdings Back Syntetica's $30M Series A for Nylon Recycling

French startup Syntetica has closed a $30 million Series A round with backing from Lululemon and MAS Holdings, one of the largest apparel manufacturers globally. TechCrunch reported the round on July 15, 2026, based on an interview with Syntetica CEO Marco Bertone rather than a press release. The company has developed a patented process for recycling nylon, including both Nylon 6 and Nylon 6,6, which are difficult to sort apart in consumer textile waste streams. TechCrunch
The technical problem Syntetica addresses is well known in materials recovery. Nylon 6 and Nylon 6,6 have different polymer backbones and chemical properties, but in post-consumer textile waste they arrive mixed, stitched into the same garments, or blended with other fibers. Conventional mechanical recycling degrades polymer quality, and chemical recycling approaches have typically required a relatively clean, single-grade feedstock. Syntetica's process handles both nylon variants together and outputs pellets that can be used by third parties to produce yarn. The recycled nylon is described as virgin-quality. Business of Fashion
Bertone co-founded Syntetica with chemistry researcher Louis Monsigny through the Entrepreneurs First accelerator at Station F in Paris. Early development work used the lab facilities at AgroParisTech in Reims, France. The company previously raised €4.2 million in a seed round in 2024. Goodwin Law
The Series A proceeds are backing a commercial demonstration facility in Clermont-Ferrand, France, established in partnership with Michelin's Center for Sustainable Materials. Bertone told TechCrunch that the recycling project could go to market in early 2027.
Syntetica's brand partners include Lululemon, Victoria's Secret, and Etam, giving the company direct relationships with end-buyers of textile materials rather than relying solely on waste handlers or brokers for feedstock and offtake. MAS Holdings' participation adds manufacturing-side validation: the Sri Lanka-based company operates apparel production at scale for numerous global brands.
The startup has also assembled a team with industrial-scale experience. CTO Ash Ward joined from Northvolt, the Swedish battery cell manufacturer. Peter Carlsson, Northvolt's co-founder, serves as an adviser to Syntetica. Both bring experience scaling novel materials processes from lab to gigawatt-or-equivalent throughput, which is the transition Syntetica now faces.
Bertone stated that Syntetica was built with the principle of "no green premium," meaning its solution must be cost-competitive and highly scalable. That framing matters because the apparel industry's adoption of recycled materials has been constrained less by technical feasibility than by unit economics. Recycled nylons that carry a price premium over virgin material have remained niche. If Syntetica can deliver virgin-quality pellets at cost parity, the addressable market expands substantially.
The broader context here is that nylon recycling has lagged behind polyester recycling by several years. PET bottle-to-fiber recycling is now a mature, high-volume supply chain. Nylon, despite its prevalence in activewear, hosiery, and swimwear, has been harder to recover at quality and scale. The fact that Michelin, a major industrial consumer of nylon (in tire cord), is partnering on the demonstration facility suggests the process may have applicability beyond textiles.
Syntetica is also entering a regulatory environment in which the EU's Ecodesign for Sustainable Products Regulation is beginning to mandate recycled content and durability thresholds for textiles. Brands like Lululemon, Victoria's Secret, and Etam face growing pressure to source recycled nylon at volume, and venture-backed startups that can supply it at cost parity are well positioned to capture that demand.
The $30 million Series A is modest by software startup standards but meaningful for a materials company moving from lab to demonstration scale. The proof point will be whether the Clermont-Ferrand facility can produce consistent, virgin-quality pellets at throughput rates that make the economics work. Early 2027 is the target. The apparel and industrial nylon supply chains will be watching.


