Circular Innovation Fund
Overview
The Circular Innovation Fund is a global growth-stage venture capital fund that focuses exclusively on circular innovation. It is a joint venture co-managed by Cycle Capital, based in Montreal, and Demeter, based in Paris. The fund invests in growth-stage companies across North America, Europe, and Asia that are developing breakthrough technologies in areas such as new materials, circular packaging, recycling, waste innovations, and eco-efficient business models. L'Oréal is the fund's anchor investor. The fund completed its fundraising at the end of 2023, raising €111 million. It is classified as an "Article 9" fund under the European Sustainable Finance Disclosure Regulation (SFDR).
Portfolio Companies
12
Website
circularinnovationfund.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Blue Foot Membranes | Jul 2024 | Growth Equity | Co-investor |
| Vartega Inc. | Jan 2024 | Series A | Co-investor |
| NovoBiome | May 2024 | Seed | Co-investor |
| pH7 Technologies | Apr 2026 | Series B | Co-investor |
| Sparxell | Apr 2024 | Seed | Lead |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Circular Innovation Fund based?
Circular Innovation Fund is headquartered in Quebec.
When was Circular Innovation Fund founded?
Founding year information for Circular Innovation Fund is not publicly available.
How many portfolio companies does Circular Innovation Fund have?
Circular Innovation Fund has 12 portfolio companies in Caplight's dataset.
What are some companies in Circular Innovation Fund's portfolio?
Portfolio companies visible on Caplight include Blue Foot Membranes, Vartega Inc., NovoBiome, pH7 Technologies, Sparxell.
What was Circular Innovation Fund's most recent investment shown here?
Circular Innovation Fund's most recent investment in this portfolio sample was in pH7 Technologies in 2026.
What sectors does Circular Innovation Fund focus on?
Circular Innovation Fund focuses on Healthcare & Life Sciences, Consumer & Commerce, Consumer & Commerce, Frontier & Industrial Tech, Energy & Sustainability, Healthcare & Life Sciences, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Frontier & Industrial Tech, Consumer & Commerce, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Healthcare & Life Sciences, Energy & Sustainability, Frontier & Industrial Tech, Mobility, Transportation & Logistics, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Energy & Sustainability.
What company stages does Circular Innovation Fund focus on?
Circular Innovation Fund typically invests at the MultiStage stage.
What is Circular Innovation Fund's AUM?
Circular Innovation Fund's assets under management are estimated between $160.0M and $160.0M.