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Syre

58 employees

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.

Investor insights

Funding rounds participated in

$100M sweet spot round size

Investor type

Public Company

Basic info

Industry

Textile Manufacturing

Sectors

Textile Manufacturing

Date founded

2023

Funding rounds raised

Total raised

$100M

from 2 investors over 1 rounds

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Syre raised $100M on June 23, 2024

Investors: TPG Rise Climate Fund and + 4 Other investors

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