ABB has signed a Memorandum of Understanding (MoU) with Swedish textile impact company Syre to explore advanced technologies for enabling industrial-scale textile-to-textile polyester recycling in Vietnam. The collaboration will focus on leveraging ABB’s expertise in automation,
Syre, the textile impact company initiated by Vargas and H&M Group, has secured a $100 million Series A funding round. Led by TPG Rise Climate, the round included investments from H&M Group, Giant Ventures, IMAS Foundation, Norrsken VC, and Volvo cars. CEO Dennis Nobelius expressed excitement about the ambitious investors joining their mission to drive […]














