Syre is a textile impact company on a mission to decarbonize and dewaste the textile industry through textile-to-textile recycling at hyperscale, starting with polyester. At speed and scale, Syre aims at driving the green shift of the textile industry to a future where every textile fiber sees a new day.
The company’s textile-to-textile recycling solution provides circular polyester with a superior sustainability performance. Founded in 2023, Syre is initiated by H&M Group and Vargas, and backed by founding investors TPG Rise Climate, Giant Ventures, IMAS Foundation (IKEA), Leitmotif, Norrsken VC, and Volvo Cars.