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Circulate Capital is the leading circular economy investment management firm in high-growth markets.

We partner with global brands and institutional investors to invest into solutions that catalyze systems change across the globe. Our financing transforms circular plastic supply chains at scale, delivering competitive financial returns and positive impact.

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Enable Partnerships Across the Value Chain

Lucro Plastecycle and Dow partner to close the loop on India’s flexible plastic packaging.

Our portfolio company Lucro Plastecycle and our investor Dow entered into a memorandum of understanding to co-develop a post-consumer recycled polyethylene film solution.

​This partnership embodies Circulate Capital’s vision of being a value-added investor by bringing the power of our relationships to support product development and market access.

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Catalyze Future Investment

Circulate Capital invested in India’s Recykal in December 2020. Our investment supported the business’ expansion, allowing it to attract larger institutional investors.

In 2022, Recykal raised an additional $22M, including from Morgan Stanley – highlighting our role as a catalyst for future investment.

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Build World-Class Operations

Our investee Srichakra Polyplast was India’s first company to develop a food-grade, bottle-to-bottle recycling facility that is fully approved by regulators.

Circulate Capital’s investment supported Srichakra in building world-class operations, one of our key impact goals.

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Scale the Circular Economy in Indonesia

Indonesia’s growing population and economy create significant waste challenges.

Thanks to Circulate Capital’s investment, Tridi Oasis evolved from a local start-up into a key player in Indonesia’s plastic circular transition.

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