Syre (Series A)

Funding Details
Awarder
Inbox
Date Award
May 23, 2024
Vertical
Textile
Funding URL
View Funding Page

Company Info
Founding Year
2023
Organizations Involved
Vargas, H&M Group, TPG Rise Climate, Giant Ventures, IMAS Foundation, Norrsken VC, Volvo Cars, Premirr
Founders
Vargas, H&M Group
Company Description
Syre is a textile impact company on a mission to decarbonize and dewaste the textile industry through textile-to-textile recycling at hyperscale, starting with polyester. The company's textile-to-textile recycling solution provides circular polyester with quality on par with virgin polyester, but with superior sustainability performance.
Market
Apparel, Automotive, Interior
Location
North Carolina, NC, US
Coinvestors
TPG Rise Climate, H&M Group, Giant Ventures, IMAS Foundation, Norrsken VC, Volvo Cars

Links
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