Circulate Capital, a leading environmental investment firm, has announced the first close of its second flagship fund, raising $220 million. This initial milestone significantly exceeds the firm’s original targets, signaling strong investor confidence in the global transition toward a circular economy.
The new fund is strategically designed to scale circular supply chains and bolster recycling infrastructure. Specifically, the capital will be deployed to support innovative ventures across South and Southeast Asia, regions critical to solving the global plastic waste crisis and improving resource recovery.
By focusing on these high-growth markets, Circulate Capital aims to bridge the investment gap in waste management and recycling, transforming environmental challenges into sustainable economic opportunities. This second fund builds on the success of the firm’s inaugural vehicle, further solidifying its position as a major player in the fight against plastic pollution and climate change.
