Journey to Scale: Syre
Image by: Syre
24 July 2025
Through our global Innovation Platform, Fashion for Good supports critical innovations on their journey to scale, providing hands-on project management, access to funding and expertise, and collaborations with brands and manufacturers to accelerate implementation in the fashion supply chain. In this series, we are proud to introduce some of the groundbreaking innovators who are driving the change to make fashion a force for good.
Syre is a textile impact company on a mission to reduce waste in the textile industry through textile-to-textile recycling, starting with polyester. The company’s textile-to-textile recycling technology provides circular polyester with quality on par with virgin polyester.
KEY MILESTONES
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2023
Syre was founded.
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2024
- First blueprint recycling plant announced in North Carolina, USA.
- Raised $100M Series A.
- Shortlisted Vietnam and Iberia for first gigascale plants.
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2025
- Started textile waste collection in Vietnam.
- Marked 1-year anniversary; team tripled; secured $600M offtake with H&M.
- Signed MoU with Binh Dinh Province for gigascale plant.
- Appointed Wrood Ode as Global Procurement Manager in Vietnam.
- Announced Gap Inc., Houdini, and Target as Launch Partners.
- CEO shared update on circular polyester supply gap and brand partnerships.
- Blueprint plant operational, with commercial sales starting 2026.
LINKS
Website: https://www.syre.com/
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