Circulate Capital LLC began in 2018 with a head office in New York City and operates globally with teams focused on high-growth markets in Asia. The firm collaborates with corporations and development institutions such as PepsiCo, Procter & Gamble, Dow, Danone, Chanel, Unilever, the European Investment Bank and USAID to direct resources toward solutions that transform plastic supply chains. By supporting initiatives in India and Indonesia, it advances food-grade bottle-to-bottle recycling, scales digital platforms for waste management and helps companies build robust operations that attract further funding.
The firm’s investment approach combines supply chain transformation with disruptive innovation. Through its supply chain strategy, Circulate Capital invests in and scales recycling and waste management companies that can replicate proven models across regions. Its innovation strategy, launched in 2021, supports material science and climate technology ventures developing new methods and products. To maximize impact, the firm provides capital alongside technical guidance, market connections and operational support, enabling portfolio companies to refine offerings, enter new markets and secure follow-on investment.
Circulate Capital has also backed advanced efforts in clean technology and battery recycling. Among its investments is ACE Green Recycling, which operates a zero-emissions process for recovering lead-acid batteries and plans to expand into lithium-ion recycling while reducing hazardous waste. Another is Algenesis Corporation, a materials science startup that produces biodegradable bio-based polyurethanes from plants and algae for applications such as shoe foams and textiles. These projects underscore the firm’s support for solutions that prevent pollution, recover valuable materials and contribute to a more sustainable industrial ecosystem.