# Syre

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/syre

- Industry: Materials
- Headquarters: Stockholm, Sweden
- Website: www.syre.com
- Total disclosed funding: $100M
- Latest round: Series A (May 23, 2024)
- Investors on record: 6

## About

Established in 2023 and based in Stockholm, Sweden, Syre operates as a provider of recycled polyester through the decarbonization and processing of textile waste. The company offers a variety of sustainable textile recycling solutions, including circular polyester produced through textile-to-textile recycling to reduce CO2 emissions and environmental impact.

## Funding rounds

- Series A, May 23, 2024, $100M — TPG, Volvo Group Venture Capital, Norrsken VC, H&M Group Ventures, Giant Ventures, IMAS Foundation

## Investors

- TPG (https://capitalatlas.ai/funds/tpg) — Series A
- Volvo Group Venture Capital (https://capitalatlas.ai/funds/volvo-group-venture-capital) — Series A
- Norrsken VC (https://capitalatlas.ai/funds/norrsken-vc) — Series A
- H&M Group Ventures — Series A
- Giant Ventures (https://capitalatlas.ai/funds/giant-ventures) — Series A
- IMAS Foundation — Series A