New Companies
Thursday, 7/16, 04:23 AM
Lululemon Backs a Nylon-Recycling Startup as Brands Chase Circular Materials
- Lululemon has joined a $30 million funding round for Syntetica, a startup with technology to recycle nylon, a fabric that is central to activewear but notoriously hard to reuse.
- The deal is a small bet with a clear logic: securing a future supply of recycled material for the clothes it sells.