French startup Syntetica raised $30M to recycle the nylon fashion throws away

A French startup has raised $30 million to tackle one of fashion’s hardest waste problems. Syntetica recycles nylon, and it can process two grades at once that the industry has long struggled to pull apart, its founder told TechCrunch. The Ecotechnologies 2 fund, managed by France’s public bank Bpifrance, led the round, worth €26.1 million.