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Syntetica raises €4.2M in Seed funding to close the loop in nylon recycling

PRIVATEJul 16, 2024

Amount Raised

€4.2 Million

Round Type

Seed

Madhya PradeshManufacturing

Investors

EQT Ventures

Description

Nylon recycling startup Syntetica has raised €4.2 million in Seed funding to develop a unique depolymerisation technique for nylon recycling, aiming to reduce retailers' carbon emissions and prevent garments from being consigned to landfill.

Quick answer

Syntetica raised €4.2 Million in a Seed round, dated July 16, 2024. Investors: EQT Ventures. Syntetica is based in Madhya Pradesh, India.

How much did Syntetica raise?
Syntetica raised €4.2 Million in a Seed round on July 16, 2024.
Who invested in Syntetica?
EQT Ventures is named as investors in this round.
What does Syntetica do?
Syntetica is a nylon recycling startup focused on delivering a practical solution to permanently close the loop in nylon recycling.
Where is Syntetica based and how big is it?
Syntetica is based in Madhya Pradesh, India. Fundz records about 20 employees.
Who are the decision-makers at Syntetica?
Fundz holds 1 contact at Syntetica. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Syntetica that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
  • Pipeline2Space raised $17K (Pre-Seed) on August 30, 2024.
  • Sustainable Composites raised $75K (Seed) on August 30, 2024.
  • Okami Medical raised $19M on August 30, 2024.
  • Evo raised $3.3M on August 30, 2024.
  • Level raised $3.6M (Seed) on August 29, 2024.

Who to call at Syntetica, and when

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Company Information

Company

Syntetica

Location

Madhya Pradesh, India

About

Syntetica is a nylon recycling startup focused on delivering a practical solution to permanently close the loop in nylon recycling. Their unique depolymerisation technique separates various fibers in blended textiles, enabling them to be rerouted back into clothing manufacturing in a cost-effective, low-carbon feedback loop.

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