Circulate Capital hits $14m first close of new fund targeting plastic waste, circular economy

Circulate Capital hits $14m first close of new fund targeting plastic waste, circular economy

Photo: Pixabay

Singapore-based venture capital firm Circulate Capital has gathered $14 million in the first close of a new fund targeting plastic waste and the circular economy, according to a statement by the investor.

According to a report by the Wall Street Journal, Circulate Capital Disrupt fund (CCD), which has a target corpus of $50 million, has attracted initial pledges from non-corporate investors such as family offices. These include names such as Rumah Group, Twynam Investments, DF Impact Capital, Circocean Ltd and Courtney Hull.

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