Circulate Capital

🌟Did you know?🌟 90% of the recycled seatboards used in India’s automotive industry come from our portfolio company, Deluxe Recycling (I) Pvt Ltd. That means almost every rickshaw driver sits on a Deluxe-recycled seat! 🛺♻️ These seats are made using Eco-link composite boards, a remarkable innovation that recycles aseptic beverage cartons and multi-layered plastic (#MLP) waste into valuable products at a scale not previously seen in India. #CircularEconomy #MadeinIndia #ProudInvestor

From starting as an office boy at Lucro Plastecycle Private Limited to founding his own waste collection center, Vaibhav's journey is a true example of opportunity, determination, and sustainability in action. As an investor in Lucro, we’re proud to support a company that succeeds in business and empowers individuals to make a difference in their communities. #CircularEconomy #ProudInvestor

Our colleague Nataly Acosta recently spoke with Brazilian media Reset to discuss why Latin America and the Caribbean (LAC) is key to solving the global plastic pollution crisis and how Circulate Capital and our partners are helping advance the region's circular economy. In case you missed it, Circulate Capital announced in 2024 two inaugural investments in LAC: 🔹 In Colombia → Partnering with POLYREC SAS S.A.S. to scale flexible plastic recycling ♻️🔗 https://lnkd.in/gPH4MfXT 🔹 In Brazil → Partnering with eB Capital to launch Cirklo, the country’s largest bottle-to-bottle PET recycling platform 🏭🔗 https://lnkd.in/gHuja4Hm Read Nataly's full interview (in Portuguese) here 👇

Last week, our Associate Partner, Janavi Papriwal, spoke at the Plastics Recycling Show India (PRS) 2024 on the panel "Finance and Investment: Tackling Issues and Collaborating to Unlock the True Value of Plastic Recycling." She was joined by Vinay Sharma, Punit Singhal, and Punit Gopalka, with the session expertly moderated by Karen Laird, Editor of Sustainable Plastics. Janavi shared Circulate Capital’s experience partnering with global brands and institutional investors to scale best-in-class local recyclers, having built Asia’s largest recycling-focused investment portfolio over the past five years. The panel explored opportunities to scale solutions, build investable pipelines, and foster collaboration across the value chain to unlock the full potential of the recycling sector. Thank you to PRS India, the panelists, and Karen for an insightful conversation on the investment opportunity in the circular economy! #CircularEconomy #PlasticsRecycling #ImpactInvesting

🌍 Tackling Microplastic Pollution with Innovation 🌱 We’re excited to share an insightful article written by our Chief Technology Officer, Ryan Simkovsky, and the team at Algenesis Labs, titled: "Mitigating Environmental Microplastic Pollution Through Smart PU Formulation." Microplastics are a global challenge, impacting ecosystems, health, and industries. At Algenesis, we’re committed to leading the charge against this issue through our groundbreaking Soleic® urethane technology—a plant-based, biodegradable solution designed to reduce the creation of persistent microplastics. Ryan dives into: ➡️ What microplastics are and why they’re a growing concern. ➡️ How traditional plastics and polyurethanes contribute to the problem. ➡️ Why biodegradability is the key to addressing microplastic accumulation. ➡️ The science and testing behind Soleic®, which offers durability during use and biodegradability in nature. This article showcases our mission: to provide innovative materials that are not only high-performing but also environmentally responsible. 📰 Read the full article (page 38) and learn more about how we’re reshaping industries while protecting the planet: https://lnkd.in/dShTyXGp Big thanks to PU magazine for spotlighting these critical conversations on sustainability in polyurethanes. Let’s innovate for a cleaner future. Together, we can reduce microplastics and create a truly sustainable world. Soleic Materials BLUEVIEW Footwear #microplastics #sustainability #biodegradablesolutions #startups #innovation

In her latest LinkedIn article, Ellen Martin, Chief Impact Officer at Circulate Capital, reflects on the progress made at #INC5, despite the challenges, and what lies ahead for the #PlasticsTreaty. She emphasizes the opportunity for private sector and #DFI leadership to sustain momentum and demonstrate the feasibility of solutions as treaty negotiations continue. Ellen also highlights the ongoing commitment of Circulate Capital and our partners to bridge the gap between ambition and action. Read the full article ⤵️

𝐀 𝐍𝐞𝐰 𝐏𝐡𝐚𝐬𝐞 𝐨𝐟 𝐆𝐫𝐨𝐰𝐭𝐡 𝐟𝐨𝐫 𝐍𝐄𝐏𝐑𝐀: 𝐌𝐫. 𝐃𝐞𝐞𝐩 𝐃𝐡𝐨𝐥𝐚𝐤𝐢𝐚 𝐣𝐨𝐢𝐧𝐬 𝐢𝐧 𝐚𝐬 𝐭𝐡𝐞 𝐧𝐞𝐰 𝐂𝐄𝐎 We are thrilled to announce a significant milestone in NEPRA’s journey as we step into an exciting new chapter of growth. Mr. Deep Dholakia takes the helm as the Chief Executive Officer of NEPRA, bringing over 32 years of exceptional leadership across diverse industries such as chemicals, FMCG, packaging, and waste management.  Deep’s proven track record includes spearheading operational excellence, driving strategic growth, and fostering sustainable solutions. Most recently, as COO and Board Director at WestRock India, he transformed operational efficiencies and charted strategic success. His vast expertise, entrepreneurial spirit, and commitment to impactful leadership perfectly align with NEPRA’s mission to advance the circular economy.  We extend our gratitude to Mr. Sandeep Patel, Mr. Dhrumin Patel, and Mr. Ravindra Patel whose vision laid the foundation for NEPRA’s success. Their contributions will remain integral to our story.  𝐔𝐧𝐝𝐞𝐫 𝐃𝐞𝐞𝐩’𝐬 𝐠𝐮𝐢𝐝𝐚𝐧𝐜𝐞, 𝐍𝐄𝐏𝐑𝐀 𝐢𝐬 𝐩𝐨𝐢𝐬𝐞𝐝 𝐭𝐨 𝐬𝐜𝐚𝐥𝐞 𝐧𝐞𝐰 𝐡𝐞𝐢𝐠𝐡𝐭𝐬, 𝐝𝐞𝐥𝐢𝐯𝐞𝐫𝐢𝐧𝐠 𝐨𝐧 𝐨𝐮𝐫 𝐩𝐫𝐨𝐦𝐢𝐬𝐞 𝐨𝐟 𝐯𝐚𝐥𝐮𝐞 𝐜𝐫𝐞𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐭𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐰𝐡𝐢𝐥𝐞 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐰𝐚𝐬𝐭𝐞 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐩𝐫𝐚𝐜𝐭𝐢𝐜𝐞𝐬. We are committed to sharing our progress as we embrace bold strategies, professional management, and a future focused on meaningful impact.  𝐇𝐞𝐫𝐞’𝐬 𝐭𝐨 𝐚 𝐧𝐞𝐰 𝐞𝐫𝐚 𝐨𝐟 𝐩𝐨𝐬𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬 𝐚𝐭 𝐍𝐄𝐏𝐑𝐀!  #LeadershipTransition #NEPRA #Sustainability #CircularEconomy #NewBeginnings

I was inspired this week by the Ocean Innovators Platform event in #Singapore hosted by Fondation Prince Albert II de Monaco and supported by Builders Vision. I was honored to share that stage with ReOcean Fund Shift4Good and Future Planet Capital -- great investors who are deploying critical capital into the #blueeconomy. My key takeaway: institutional investors are paying more attention and allocating more money to the vast opportunities for competitive returns in this space, and the entrepreneurs are ready to scale. Thanks to Ujwal Desai from Lucro Plastecycle Private Limited, one of our top performing portfolio companies for joining the event and sharing the results of their work fighting plastic pollution in #India. Congrats Olivier Wenden Romain Ciarlet Magnus A. Frohmann Michelle Li

🌏 What’s next for corporate sustainability in Asia? Last week, we co-hosted “Assessing the Global Sustainability Agenda” in Singapore with GlobeScan and TPC (Tsao Pao Chee), who generously opened their venue for the event. The discussion brought together leaders from business, civil society, government, and academia to explore the region’s sustainability challenges and how systems and behavior change can drive meaningful progress. Our Founder & CEO, Rob Kaplan, shared insights on the evolution of corporate sustainability, emphasizing three key drivers: ✔️ Accountability: The new era of corporate sustainability demands measurable, authentic progress. It’s about delivering on commitments and driving real-world impact. ✔️ Viability: For sustainability to scale, it must align with commercial objectives. A balance of purpose and profit is essential to attract investments and deliver results. ✔️ Inevitability: The shift toward sustainability is no longer optional for Asia. With global markets placing increasing emphasis on responsible supply chains, adopting sustainable practices is essential for maintaining relevance and competitiveness. Special thanks to our co-hosts, panelists Chris Coulter, Anita Neville (Golden Agri-Resources (GAR), and Yuelin Yang (TPC), and to Victoria Gilbert for moderating such a dynamic discussion. The message was clear: solving these challenges requires bold action and collective effort. At Circulate Capital, we’re committed to doing our part by partnering with brands and institutional investors to scale solutions that tackle plastic pollution and climate change while creating value across supply chains. 📸 Check out some moments from the event in the photos below!