Singapore VC Circulate Capital hits $25m second close of climate tech fund

Singapore-based venture capital firm Circulate Capital has made a second close of its new fund targeting plastic waste and the circular economy, according to an announcement.

The close brings the assets under management of the fund, Circulate Capital Disrupt (CCD), to a total of $25 million. The fund, which has a target corpus of $50 million, had made a $14-million first close in June this year.

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