United States announces partnership to reduce ocean plastic pollution in Indonesia

August 4, 2022

The United States, through the US Agency for International Development (USAID) Clean Cities, Blue Ocean program, joined Circulate Capital, an impact-focused investment management firm, and Prevented Ocean Plastic Southeast Asia (POPSEA), a plastic recycling company that is developing sorting and collection infrastructure in underserved communities across Indonesia, in announcing a partnership to expand collection and recycling infrastructure in Indonesia to generate high-quality, traceable recycled plastic.

Read more on Eco-Business


Lucro secures a follow-on funding round from Singapore-based Circulate Capital

July 29, 2022

Lucro Plastecycle Private Limited has received follow-on funding from Circulate Capital, a Singapore-based investment management firm that funds high-growth opportunities at the intersection of climate-tech and plastics, recycling, and the circular economy. The increased funding will allow the company to triple its capacity in order to fulfil the increasing demand for its products.

Continue reading on Startup Story

Startup Story

Circulate Capital attracts investments from IFC

July 28, 2022

Singapore-based Circulate Capital has achieved a third close for Circulate Capital Ocean Fund I-B (CCOF I-B), by raising $53 million led by institutional investors IFC and Proparco.

The firm’s total assets under management now stand at $165m, making it the largest impact investment firm dedicated to fighting plastic pollution and advancing the circular economy in South and Southeast Asia.

Continue reading on CityWire Asia

CityWire Asia

Singapore Impact Investor Circulate Capital Secures Third Close of Second Fund

July 27, 2022

Circulate Capital, a Singapore-based investment management firm, has announced the third close of its second fund Circulate Capital Ocean Fund I-B (CCOF I-B), bringing the vehicle’s total commitments to $53 million.

Continue reading on DealStreetAsia