Updated: Dec 10, 2020
The former Walmart sustainability director runs a US$100 million fund to eliminate plastic waste in Asia. He tells Eco-Business about how a 'crazy idea' has become real.
The proudest moment of Rob Kaplan’s career so far came last month, when the Singapore-based company he founded, an investment firm backed by likes of Coca-Cola, Unilever, Danone and Dow, secured its first deals.
Circulate Capital, which was started in 2018 with a US$100 million fund to support the circular economy for plastics in South and Southeast Asia, invested US$6 million in two recycling businesses, one in India, the other in Indonesia.