Circulate Capital's Bold Move: Scaling Circular Supply Chains Across Asia
Circulate Capital has raised $220 million for its second Asia-focused fund to enhance circular supply chains in South and Southeast Asia. The fund targets growth in plastics, electronics, and apparel recycling. Key markets include India, Indonesia, Thailand, Vietnam, and the Philippines, amid rising sustainability commitments and volatile material markets.
- Country:
- India
Circulate Capital announced a successful raise of $220 million in the initial closing of its second fund geared towards enhancing circular supply chains in South and Southeast Asia.
The fund, receiving backing from entities like Builders Vision and EMCAF, aims to deploy capital towards recycling businesses and circular supply chains, focusing on plastics and packaging.
With key markets identified as India, Indonesia, and others, the initiative responds to tightening regulations and sustainability commitments, highlighting the significant investment needed in plastic recycling infrastructure by 2030.
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