Circulate Capital
circulatecapital.com Direct investor
Circulate Capital is an investment management firm focused on the circular economy, particularly plastic recycling and waste management in high-growth markets. It invests in companies and partners with global brands and institutional investors to scale circular supply chains.
Circulate Capital is an asset manager headquartered in Singapore, Singapore, founded in 2018. It invests directly in companies, in circular economy, plastic recycling, waste management and supply chain.
“We partner with global brands and institutional investors to invest into solutions that catalyze systems change across the globe.”
— Circulate Capital, own website
- Layer
- Direct investor
- Type
- Asset manager
- Stage
- Not stated
- Invests in
- South Asia, Southeast Asia, LAC, India, Indonesia, Vietnam, Thailand, Brazil, Mexico, Colombia
- Sectors
- circular economy, plastic recycling, waste management, supply chain, renewable materials, alternative delivery models
- Founded
- 2018
Team, as Circulate Capital publishes it
- Caroline Wee Investment Partner, Southeast Asia (Fund I)
- Ellen Martin Partner, Chief Operations and Impact Officer
- Nick Moon Chair
- Regula Schegg Founding Partner, CFO & CCO
- Rob Kaplan Founder & CEO
- Wolfgang Hafenmayer Founding Partner & Chief Investment Officer
- Alexis Crusey Head of Fundraising
- Amandine Joly Head of Partnerships and External Affairs
- Andrea Rosas Executive Assistant, LAC
- Charmaine Choo Manager, Financial Controlling
- Chinmay Prakash Senior Investment Manager, India
- Christian Urazan Investment Partner, LAC
Names and roles exactly as listed on circulatecapital.com. Nothing else about these people is recorded.
Most shared portfolio companies with
Derived from portfolio pages both investors publish themselves: each pair below lists at least one company in common. 52 investors with a shared portfolio company. A shared company is not proof they invested together in the same round.
- Cygnum Capital 4 shared companies: ifc.org, eib.org, usaid.gov, dfc.gov
- Agence Française de Développement (AFD) 3 shared companies: eib.org, proparco.fr, usaid.gov
- Trade and Development Bank 2 shared companies: ifc.org, eib.org
- AfricaGoGreen Fund 1 shared company: ifc.org
- Agaciro Development Fund 1 shared company: ifc.org
- AIMS of Bangladesh Limited 1 shared company: ifc.org
- Swiss Investment Fund for Emerging Markets (SIFEM) 1 shared company: ifc.org
- Venturewave Group 1 shared company: ifc.org
- Sofinnova 1 shared company: arzeda.com
- Berenberg 1 shared company: eib.org
and 42 more — the graph.
Where this comes from
Every fact above was read from a page Circulate Capital publishes itself. Nothing is taken from third-party databases. Investment activity (deals, co-investors) is not yet recorded.
- https://www.circulatecapital.com/name, is_investor, type, thesis_quote, thesis_quote_page, description
- https://www.circulatecapital.com/investments/layer
- https://www.circulatecapital.com/team/hq_country, hq_city, people
- https://www.circulatecapital.com/about-us/invests_in_geographies, sectors, founded
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Record 1116 · added 2026-08-28 · link last verified 2026-10-21 · confidence high
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