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Circulate Capital closes $106M fund to protect Asia’s ocean from plastic

Waste Today Magazine

Circulate Capital, a Singapore-based investment management firm dedicated to incubating and financing companies and infrastructure that prevent ocean plastic in South and Southeast Asia (SSEA), recently announced the first close of the $106 million Circulate Capital Ocean Fund (CCOF).

According to the firm, it is the world’s first investment fund dedicated to addressing Asia’s plastic crisis and is also one of the 10 largest Association of Southeast Asian Nations (ASEAN)-based venture capital funds in the market. CCOF’s founding investors are among the world’s leading companies, including PepsiCo, Procter & Gamble, Dow, Danone, Unilever, The Coca-Cola Company, and Chevron Phillips Chemical Company LLC.

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