Circulating capital

Plant-based material science company Algenesis secures new funding to scale production and fight climate change

Retrieved on: 
Donnerstag, Oktober 26, 2023
Diamond, Petroleum, U.S. Department of Energy, Office of Inspector General, Circulating capital, Microplastics, Biology, Plant, PFAS, Isocyanate, GHG, U.S. Department of Defense Strategy for Operating in Cyberspace, Diamond Sports Group, Plastic, Disrupt, PU, Recycling, Renewable energy

HOUSTON, Oct. 26, 2023 /PRNewswire/ -- Leading plant-based material science company Algenesis Corporation has raised US$5M in a funding round led by First Bight Ventures, with Circulate Capital and others. A pioneer in developing bio-based plastics that are competitive with petroleum-based in both cost and functionality, Algenesis' patented Soleic™ technology is the world's first renewable, high performance, fully biodegradable and backyard compostable bioPolyurethane (bioPU) made from plants and algae.

Key Points: 
  • HOUSTON, Oct. 26, 2023 /PRNewswire/ -- Leading plant-based material science company Algenesis Corporation has raised US$5M in a funding round led by First Bight Ventures, with Circulate Capital and others.
  • Today, 25 million tons of Polyurethane (PU) are manufactured annually1 (6% of total plastics) for extensive use across footwear, medical, and textile industries.
  • Due to the material's composition, PU is hard to recycle and primarily ends up in landfills or as microplastics in the environment2.
  • Algenesis' unique Soleic® PU is currently available in soft foam applications, such as midsoles and insoles for footwear .

Diego Donoso to retire from Dow; Karen S. Carter named president of Dow Packaging & Specialty Plastics

Retrieved on: 
Dienstag, November 1, 2022
Marketing, Growth, American Chemistry Council, Culture, CEO, Information, Consumer electronics, 2007 Appalachian State vs. Michigan football game, Information technology, Leadership, Silicone, Building and Construction Authority, National Security Innovation Network, Donoso, CHRO, Board, NYSE, Director, Electronics, Ecosystem, ERG, DOW, Engineering, SP, Dow Inc., Babson College, Company, Circulating capital, Plastic, Construction, ESG, Dow, Solution, Thermoplastic, Management, Polyethylene, Paulo, Sadereh, Saudi Aramco

MIDLAND, Mich., Nov. 1, 2022 /PRNewswire/ -- Dow (NYSE: DOW) announces today Karen S. Carter , Chief Human Resources Officer and Chief Inclusion Officer for Dow, has been named President of Packaging & Specialty Plastics (P&SP).

Key Points: 
  • MIDLAND, Mich., Nov. 1, 2022 /PRNewswire/ -- Dow (NYSE: DOW) announces today Karen S. Carter , Chief Human Resources Officer and Chief Inclusion Officer for Dow, has been named President of Packaging & Specialty Plastics (P&SP).
  • She succeeds Diego Donoso who will retire in the first quarter of 2023.
  • Carter has more than 25 years of experience with Dow.
  • Before assuming her current responsibilities, she held the role of North America commercial vice president for P&SP.

BackBay Communications Promotes George Spencer to Head of Impact Investing & ESG Team

Retrieved on: 
Dienstag, Oktober 25, 2022
Marketing, Advertising, Digital Marketing, Communications, Blogging, Other Communications, Public Relations, Investor Relations, Financial technology, Circulating capital, Development, Public relations, ESG, Global Impact, IMPACT, LeapFrog Investments, Goal, Private equity, Marketing, Impact, CEO, Awareness, History of private equity and venture capital, Leadership, News, Hotel manager, Adenia, NBC News, Communication, Asset management, Language, Management, Bank, Mahim

BackBay Communications, a leading public relations and integrated marketing firm focused on the financial services sector, today announced George Spencer, Vice President, has been promoted to lead the firms Impact Investing & ESG team.

Key Points: 
  • BackBay Communications, a leading public relations and integrated marketing firm focused on the financial services sector, today announced George Spencer, Vice President, has been promoted to lead the firms Impact Investing & ESG team.
  • We are thrilled to promote George to lead our impact investing & ESG team, said BackBay Founder & CEO Bill Haynes.
  • Georges expertise and passion for impact investing communications has been a great asset in bolstering the deep experience and credibility we have accumulated over years of partnering with impact investing firms.
  • The Impact Investing & ESG Team is one of four industry-focused teams at BackBay.

Phase Change Solutions Poised for Continued Growth and Innovation with Partnership and Investment from GAF

Retrieved on: 
Dienstag, August 2, 2022
Emerald, Goal, Carbon, Environment, Standard Industries, GAF, Industry, Sustainable Development Goals, CEO, Temperature, Partnership, PCS, Solution, HVAC, USDA, Circulating capital, Ecosystem, Transport, Renewable energy

The partnership includes integration of PCS' core technology platform, BioPCM, with relevant GAF products in the building and construction markets.

Key Points: 
  • The partnership includes integration of PCS' core technology platform, BioPCM, with relevant GAF products in the building and construction markets.
  • Advanced technologies like phase change materials are key to achieving these goals while offering sustainable and durable solutions to its customers.
  • "Partnering with innovative and agile companies like Phase Change Solutions is part of our strategic growth and innovation plan," said Jim Schnepper, CEO of GAF.
  • Phase Change Solutions (PCS) is a global leader in the development andsupply of phase change materials ("PCMs").

Circulate Capital Achieves Third Close for Circulate Capital Ocean Fund I-B, Led by the International Finance Corporation (IFC) and Proparco

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Mittwoch, Juli 27, 2022
Breakthrough Energy, Sustainable Development Goals, BEV, Circulating capital, The Coca-Cola Company, International, World Bank Group, Waste management, Investment, Environment, Education, Poverty, OnePointFive, Solution, Climate change, IFC, AFD, Disruptive innovation, World, European Investment Bank, Plastic, EIB, Technology, World In Common, Heat, CCOF, Sustainable Development Goal 14, GLOBE, CEO, Renewable energy, COVID-19, Chanel, Lists of countries and territories, Founder, Foundation, Jebsen & Jessen (SEA), Private sector, PepsiCo, Recycling, Policy by press release, Proparco, French Development Agency, Inditex, Unilever

IFC's investment includes an equity commitment of US $5 million from the Finland-IFC Blended Finance for Climate Change Program .

Key Points: 
  • IFC's investment includes an equity commitment of US $5 million from the Finland-IFC Blended Finance for Climate Change Program .
  • "We're delighted to support Circulate Capital in its efforts to tackle the plastic-waste crisis in Asia," said William Sonneborn, IFC's Senior Director of Disruptive Technologies and Funds.
  • It will also increase access to much-needed capital for the small and medium-sized enterprises delivering these important solutions."
  • "The race to unlock the investment potential of the circular economy is heating up," said Rob Kaplan, CEO and Founder of Circulate Capital.

Circ Raises Over $30 Million, Expanding the Potential to Recycle Clothing and Eliminate Clothing Waste, with Investments from Apparel and Technology Industry Giants

Retrieved on: 
Freitag, Juli 15, 2022
Breakthrough Energy, Partner, R, CEO, Natural Resources, BEV, Bershka, Circulating capital, Andritz, Textile, Knowledge, Engineering, View, Carbon, Technology, Zara Home, Stradivarius, Policy, Goal, Milliken & Company, Multimedia, Organization, Industry, Tree, Recycling, Company, Growth, Oysho, Nature, Partnership, Paul Ruddock, GHG, Clothing, Marubeni, Petroleum, Achievement, Renewable energy, 3D printing, Mortar (masonry), Circ, Inditex, Temasek

DANVILLE, Va., July 15, 2022 /PRNewswire/ -- The circular fashion company Circ announced over $30 million in Series B funding backed by some of the largest international apparel companies and venture capital firms. The investment will help to drive new progress for Circ as they fulfill their mission of protecting the planet from the cost of clothing. The round was led by the Bill Gates-founded Breakthrough Energy Ventures (BEV) with additional investment from new partners, including one of the world's largest fashion retailers Inditex, global diversified manufacturer and leader in American textiles Milliken & Company, and international investment groups Lansdowne Partners and Temasek. Previous investors joining Circ's latest round of funding include 8090 Partners, Alante Capital, Card Sound Capital, Circulate Capital, Envisioning Partners, and Marubeni.

Key Points: 
  • The investment will help to drive new progress for Circ as they fulfill their mission of protecting the planet from the cost of clothing.
  • Circ developed the revolutionary technology system that returns clothes to the raw materials from which they were made, preserving the earth's natural resources in nature.
  • Circ's technology is projected to substantially reduce carbon emissions created by the fashion industry.
  • "BEV was founded to drive innovative solutionslike the technology Circ has createdthat will reduce and eliminate greenhouse emissions as quickly as possible.

European Investment Bank (EIB) Commits Up to $20M to Invest in Circulate Capital Ocean Fund I-B to Fight Plastic Pollution & Climate Change & Advance the Circular Economy

Retrieved on: 
Dienstag, April 26, 2022
European Investment Bank, CEO, EIB, International Finance Corporation, Foundation, CCOF, The Coca-Cola Company, Climate change, IFC, Recycling, Plastic, GLOBE, CCD, Solution, Chanel, Investment, USD, Ocean Conservancy, Union, Material, Health, PepsiCo, Circulating capital, Renewable energy, EU, Unilever

Through the EIB's Climate Bank Roadmap and Clean and Sustainable Ocean Programme , we are committed to investing in climate action and environmental sustainability around the world.

Key Points: 
  • Through the EIB's Climate Bank Roadmap and Clean and Sustainable Ocean Programme , we are committed to investing in climate action and environmental sustainability around the world.
  • I am therefore very pleased to back initiatives that make this financially viable, such as the Circulate Capital Ocean Fund I-B."
  • "In order to advance the circular economy and mitigate the negative effects of plastic pollution on climate change, we need to scale investment dollars into this sector immediately.
  • The European Investment Bank is the long-term lending institution of the European Union (EU) owned by its Member States.

Pondy Oxides & Chemicals Ltd partners with ACE Green Recycling to set up the world's largest GHG emission-free battery recycling facility

Retrieved on: 
Freitag, März 4, 2022
GHG, London Metal Exchange, Igbo v Johnson, Matthey Chemicals Ltd, Copper, Industry, LME, Lead, Metal, Ecosystem, Circulating capital, CTO, ACE, Plastic, Solution, AC Industrials, Municipal solid waste, Silent Scope 2, Temperature, Recycling, POCL, Oxygen, CEO, BSE, Telecommunication, Electricity, Leading Brands, Technology, Partnership, Zinc, Atmosphere, Carbon, Lithium, Renewable energy

SINGAPORE, March 4, 2022 /PRNewswire/ -- ACE Green Recycling (ACE) has signed a USD12 million equipment supply and licencing deal spanning 10 years with India's Pondy Oxides & Chemicals Ltd (BSE: 532626) to set up the world's largest greenhouse gas (GHG) emission-free battery recycling facility in Chittoor, Andhra Pradesh, India. The green technology start-up will licence its proprietary zero-emission lead battery recycling technology to India's leading lead battery recycling company to recycle 40,000 tons of batteries which translates to around USD60 million every year.

Key Points: 
  • SINGAPORE, March 4, 2022 /PRNewswire/ -- ACE Green Recycling (ACE) has signed a USD12 million equipment supply and licencing deal spanning 10 years with India's Pondy Oxides & Chemicals Ltd (BSE: 532626)to set up the world's largest greenhouse gas (GHG) emission-free battery recycling facility in Chittoor, Andhra Pradesh, India.
  • Traditionally, lead-acid battery recycling is via the smelting process, which involves operating temperatures of more than 1,000oC producing significant GHG emissions.
  • ACE Green Recycling is a global battery recycling technology company headquartered in both Singapore and the USA.
  • The team behind ACE has decades of recycling and battery materials supply chain experience, making them poised to become a leader in global battery recycling.

Pondy Oxides & Chemicals Ltd partners with ACE Green Recycling to set up the world's largest GHG emission-free battery recycling facility

Retrieved on: 
Freitag, März 4, 2022
GHG, London Metal Exchange, Igbo v Johnson, Matthey Chemicals Ltd, Copper, Industry, LME, Lead, Metal, Ecosystem, Circulating capital, CTO, ACE, Plastic, Solution, AC Industrials, Municipal solid waste, Silent Scope 2, Temperature, Recycling, POCL, Oxygen, CEO, BSE, Telecommunication, Electricity, Leading Brands, Technology, Partnership, Zinc, Atmosphere, Carbon, Lithium, Renewable energy

SINGAPORE, March 4, 2022 /PRNewswire/ -- ACE Green Recycling (ACE) has signed a USD12 million equipment supply and licencing deal spanning 10 years with India's Pondy Oxides & Chemicals Ltd (BSE: 532626)to set up the world's largest greenhouse gas (GHG) emission-free battery recycling facility in Chittoor, Andhra Pradesh, India.

Key Points: 
  • SINGAPORE, March 4, 2022 /PRNewswire/ -- ACE Green Recycling (ACE) has signed a USD12 million equipment supply and licencing deal spanning 10 years with India's Pondy Oxides & Chemicals Ltd (BSE: 532626)to set up the world's largest greenhouse gas (GHG) emission-free battery recycling facility in Chittoor, Andhra Pradesh, India.
  • Traditionally, lead-acid battery recycling is via the smelting process, which involves operating temperatures of more than 1,000oC producing significant GHG emissions.
  • ACE Green Recycling is a global battery recycling technology company headquartered in both Singapore and the USA.
  • The team behind ACE has decades of recycling and battery materials supply chain experience, making them poised to become a leader in global battery recycling.

Circulate Capital Announces Second Close for Climate Tech Fund and Inaugural Investments in Three US-Based Tech Innovators

Retrieved on: 
Dienstag, Dezember 7, 2021
The Coca-Cola Company, Solution, Protein engineering, Natural Resources, Carbon, COP26, GLOBE, Recycling, United Nations, Biotechnology, Climate change, Temperature, Material, Intergovernmental Panel on Climate Change, AUM, Plastic, IPCC, Circulating capital, Protein design, Food, CEO, Machine learning, Chanel, Transport, Protein, Ocean Conservancy, Mondelez International, Enzyme, International, Goal, CCOF, Textile, PepsiCo, CCD, Founder, Investment, Renewable energy

"Our first three investments for Circulate Capital Disrupt are all at the forefront of climate tech and circular innovation.

Key Points: 
  • "Our first three investments for Circulate Capital Disrupt are all at the forefront of climate tech and circular innovation.
  • Last month, Circulate Capital added Mondelez International as an LP for their Circulate Capital Ocean Fund.
  • Circulate Capital Disrupt leverages the power of the Circulate Capital Ocean Fund - including impact measurement and inclusion of a gender lens.
  • Our new strategy, Circulate Capital Disrupt, is a companion venture and private equity fund to CCOF that invests in disruptive technologies.