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Syre

Climate · Stockholm, SE

Textile-to-textile recycling impact company.

Founders

Dennis Nobelius (Sweden · ♂) — The former COO of EV maker Polestar, he became founding CEO of Syre, launched in 2023 by Vargas Holding and H&M Group to decarbonize textiles via hyperscale textile-to-textile polyester recycling.
Susanna Campbell (Sweden · ♀) — She set up the meeting between Vargas and H&M Group that led to Syre's creation in 2023 as a textile-recycling impact venture.

Date	Round	Amount
May 2024	Series A Syre, a Stockholm textile-recycling impact company, raised a $100M Series A led by TPG Rise Climate.	$100M

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