The textile industry today accounts for up to 10% of global CO2e emissions. Textile waste is a growing global challenge. In fact, less than 1 percent of the global textile fiber market comes from recycled textiles. We envision a world where every textile fiber sees a new day. By implementing true textile-to-textile recycling at hyperscale, we are here to lead the green transition from a linear to a circular value chain by putting textile waste to use, over and over again. Starting with polyester, the world’s biggest fiber representing up to 40% of the textile industry’s total emissions. The great textile shift starts now.
Location: Sweden
Total raised: $100M
Investors 4
| Date | Name | Website |
| 11.09.2024 | The Rise F... | therisefun... |
| 06.09.2024 | Giant Vent... | giant.vc |
| - | Leitmotif | leitmotif.... |
| 10.07.2025 | H&M Gr... | hmgroupven... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 30.05.2024 | Series A | $100M | - |
Mentions in press and media 20
| Date | Title | Description |
| 02.04.2026 | Syre and JEPLAN Announce Strategic Partnership to Accelerate Textile-to-Textile Recycling | Syre and JEPLAN Announce Strategic Partnership to Accelerate Textile-to-Textile Recycling Thu, Apr 02, 2026 09:00 CET Report this content Stockholm, April 2, 2026 – JEPLAN, INC. the Japanese pioneer developing and operating chemical recycli... |
| 31.03.2026 | ABB and Syre partner to explore technologies for industrial-scale textile recycling | ABB and Syre partner to explore technologies for industrial-scale textile recycling Tue, Mar 31, 2026 10:00 CET Report this content • ABB and Syre sign MoU to explore automation, electrification and digitalization for textile-to-textile pol... |
| 11.11.2025 | Syre Announces Partnership with Nike to Scale Circular Polyester | Syre Announces Partnership with Nike to Scale Circular Polyester Tue, Nov 11, 2025 09:00 CET Report this content Stockholm, Sweden, November 11, 2025. Syre, the textile impact company hyperscaling textile-to-textile recycling, today announc... |
| 24.06.2025 | Syre announces Gap Inc., Houdini, and Target as strategic Launch Partners to accelerate the great textile shift | Syre announces Gap Inc., Houdini, and Target as strategic Launch Partners to accelerate the great textile shift Tue, Jun 24, 2025 13:00 CET Report this content June 24, 2025. Syre, the textile impact company hyperscaling textile-to-textile ... |
| 25.04.2025 | Syre signs MoU with Binh Dinh Province of Vietnam with intention of establishing Gigascale recycling plant | Syre signs MoU with Binh Dinh Province of Vietnam with intention of establishing Gigascale recycling plant Fri, Apr 25, 2025 05:00 CET Report this content April 25, 2025. Syre, the textile impact company hyperscaling textile-to-textile recy... |
| 05.03.2025 | Sweden’s next big players: 10 promising startups you should keep an eye on in 2025 | Sweden has long been a powerhouse of innovation, renowned for its strong technology sector, sustainable initiatives, and thriving startup culture. As home to some of the world’s most successful tech companies, including Spotify, Klarna, and... |
| 13.02.2025 | Building the future: Sweden's thriving tech ecosystem | Sweden’s tech ecosystem is at the forefront of global innovation, driven by a strong commitment to sustainability, digital transformation, and cutting-edge technologies. The country is leading advancements in green tech, battery production,... |
| 30.10.2024 | Selenis and Syre in strategic partnership to establish a textile-to-textile recycling plant in North Carolina | Selenis and Syre in strategic partnership to establish a textile-to-textile recycling plant in North Carolina Wed, Oct 30, 2024 13:00 CET Report this content Cedar Creek, October 30, 2024. Selenis, a leading global supplier of high-quality ... |
| 22.08.2024 | 8 European climate tech companies to watch | A series of monster funding rounds have boosted fintech and climate tech in particular, and revealingly, many founders are betting on success by taking on high-interest debt, rather than sharing equity with investors. 3 roles to apply for t... |
| 30.05.2024 | Syre Raises $100M in Series A Funding | Syre, a Stockholm, Sweden-based textile impact company, raised $100M in Series A funding. The round was led by TPG Rise Climate who was joined by an additional investment from founder H&M Group as well as Giant Ventures, IMAS Foundation... |
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