Skip to main content
BoF Logo

Agenda-setting intelligence, analysis and advice for the global fashion community.

The Business of Fashion
Sustainability

Lululemon-Backed Recycler Samsara Eco Raises $65 Million

The company will use the funds to help build facilities that can recycle materials like polyester and nylon at commercial scale.
A pile of recycled plastic pellets is positioned next to a man wearing a grey windbreaker made from recycled plastic.
Plastics recycler Samsara Eco has raised $65 million to help scale up production. (Samsara ECO)
By

Lululemon-backed plastics recycler Samsara Eco has raised $65 million to help scale its operations.

The Australian company uses enzymes to recycle plastics like polyester and nylon into new materials. It’s planning to build the capacity to recycle millions of tonnes of plastic waste in South East Asia by late 2026.

The funding round was led by investment firms Temasek and Main Sequence, with additional funding from existing investors including Lululemon.

Learn more:

ADVERTISEMENT

Lululemon Takes Minority Stake in Recycling Tech Company

The athleisure brand invested an undisclosed sum in Australian plastic recycler Samsara Eco.

About the author
Sarah Kent
Sarah Kent

Sarah Kent is Chief Sustainability Correspondent at The Business of Fashion. She is based in London and drives BoF's coverage of critical environmental and labour issues.

© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Sustainability
How fashion can do better for people and the planet.

Fashion Searches For a New Climate Solution

Coach-owner Tapestry’s new carbon-removal partnership and brands making fresh commitments to textile-to-textile recycling startups show an industry searching for ways to address its environmental impact.

Wool Workout Clothes? The Demand Is Growing

The consumer base for activewear made of natural materials like cotton and wool is growing, as more people on the political right join progressives in worrying about the health effects of polyester and other synthetics.

view more
Latest News & Analysis
Unrivalled, world class journalism across fashion, luxury and beauty industries.

Can Big Luxury Find Its New Look?

Sex sells — if anyone can figure out what sexy means in 2026. Robert Williams tracks the search for a new silhouette at Kering’s Gucci, LVMH’s Dior and more.

Estée Lauder’s Surprise Acquisition, Explained

The American cosmetic giant’s buyout of Ayurvedic beauty line Forest Essentials came as a surprise. By picking an under-the-radar brand it knows well, the company can show that it’s still in the M&A game without needing to outbid rivals.

VIEW MORE

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.