Syre
Action speaks louder than words
Founded 2023 · $100.0M raised
- Founded
- 2023
- Business Model
- B2B
- Website
- syre.com
- Total Funding
- $100.0M
- Last Round
- $100.0M Series AMay 2024
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Syre is a textile impact company decarbonizing and dewasting the apparel industry through textile-to-textile polyester recycling at hyperscale. Founded in 2023 by H&M Group and investment firm Vargas, Syre is building large-scale recycling plants worldwide, targeting 3 million metric tons of circular polyester production and over 15 million metric tons of CO2e abatement by 2032.
Summary
Syre is a Climate Tech company, founded in 2023. It has raised $100.0M in total across 1 round, most recently a $100.0M Series A round in May 2024. Investors include TPG (Growth/Rise), H&M Group and Volvo Cars.
Tech & App Stack
2 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
May 2024
Investors
Similar Companies
AI infrastructure company building renewable-powered data centers and cloud compute optimized for...
Self-driving cars.
Green steel company using hydrogen and renewable electricity to decarbonize steel production. For...
EnBW Energie Baden-Württemberg AG is one of Germany's largest integrated energy companies, develo...
Appears in
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/syre"><img src="https://indexed.vc/api/badge/company/syre" alt="Syre on Indexed.vc" width="260" height="76" /></a>