Lululemon invests $30 million in French nylon‑recycling startup Syntetica

Syntetica, a French startup based in Lyon, has unveiled a new method for recycling nylon that converts discarded fibers into high‑grade polymer strands suitable for reuse in apparel and industrial products. The company’s proprietary process uses a closed‑loop chemical treatment to break down nylon waste without the need for high‑energy thermal steps, promising a lower carbon footprint than conventional recycling techniques.

The breakthrough has attracted a roster of high‑profile partners, including French fashion house LVMH and automotive supplier Continental, who have committed to pilot projects that will integrate Syntetica’s recycled nylon into their supply chains. In addition, the firm secured a €12 million Series A round led by European venture fund Eurazeo, with participation from the French government’s Bpifrance and private equity group Ardian. The investment is slated to scale production capacity and accelerate commercial deployment across Europe’s textile and automotive sectors.