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.
