LULULEMON INVESTS $30M IN NYLON RECYCLING STARTUP
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Lululemon has backed Syntetica, a French nylon recycling startup, in a $30M Series A funding round. The investment signals growing corporate interest in sustainable textile solutions.
■ MORE FROM THE STARTUPS DESK
Chip design startup Agentrys raised $24.5 million across two rounds, combining a $19.1M seed led by Etna Labs and a $5.4M pre-seed backed by MediaTek. The Nvidia-founded company develops a platform for creating custom agents.
Liux, a startup manufacturing its Big microcar in Spain, is entering the crowded electric vehicle market with a sustainability-focused approach. The company aims to compete against established Chinese rivals through eco-conscious design and manufacturing.
Minneapolis-based workforce monitoring startup Yardstik closed a $30M Series B funding round led by Harbert Growth Partners. The round brings the company's total funding to $65M.
Retro, a friend-focused photo-sharing app founded by former Instagram employees, has secured $21 million in Series A funding. The capital injection signals investor confidence in the social app's differentiated approach to photo sharing.