Circulate Capital
Ocean Fund I-B
The first investment firm dedicated to advancing the circular economy and fighting ocean plastic and climate change in South and Southeast Asia. Circulate Capital Ocean Fund I invests in growth stage SMEs across the circular plastic value chain, while Circulate Capital Disrupt (Fund I-B) is a Southeast Asia based companion fund that benefits from the pipeline and diligence work of Circulate Capital Ocean Fund.
LP Base
Unilever, DFC, USAID, EIB, IFC, Proparco, Pepsico, Coca Cola, Danone, Mondelez, Chevron, Chanel, Dow, P&G, Jebsen & Jessen, Builders Vision, Twynam, Rumah Group, North East Group, Eden, Impact Capital, SK2Fund, Align Impact, Minderoo Foundation
Impact Summary
Impact Governance
🗹 Vision/mission statement with impact elements
🗹 ESG/Impact policies in place
Impact Strategy
🗹 Impact/ESG strategy integrated with investment strategy
🗹 Portfolio companies tackle affordability/accessibility issues
Impact Track Record
🗹 Team with Impact Experience
🗹 Existing impact LPs
Reporting
🗹 Tracking impact KPIs/impact report available
Fundraising Details
Asset Class
VC Fund
Targeted Fund Size
USD 50 million
Close Date
Q2 2023
Impact theme
Circularity
Geography
South Asia, Southeast Asia, US, EU, Australia