/Investor DB

Circularity Capital

Venture capital

Edinburgh · Growth · 11 people tracked

Also known as CIRCULARITY CAPITAL LLP

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Investment thesis

Circularity Capital is an independent investment manager founded in 2015 that specializes in businesses enabling the circular economy. It aims to generate investor returns by supporting growth and innovation in circular economy companies, taking a hands-on approach and drawing on its team's specialist expertise. The firm backs businesses with circular growth support, leveraging deep sector knowledge to help portfolio companies scale. Its own investor base includes pension funds, funds of funds, insurance companies and leading single family offices.

Source: firm website, verified Oct 17, 2026.

Stage
Growth
HQ
Edinburgh, GB
Instruments
Equity
Founded
2015
Private fund assets
$223.2M
Tracked investments
15

Team · 11 people

from the firm's website & public directories
Andrew Shannon· Partner
Ian Nolan· Partner
Anders Berger· Investment Director
Arjune Shukla· Investment Manager
Nicola Keen· Operating Principal
Oliver Farzam· Financial Controller
Sarah Cunningham· PA & Office Manager
Andrew Eadie· Senior Investment Associate
Maximilian Bork· Senior Investment Associate

What they invest in

from 6 of 15 portfolio companies

Circular Economy ×3E-commerce ×2FoodTech ×2Logistics & Supply Chain ×2New Materials ×2SaaS ×2AI & Machine Learning ×1Cleantech ×1

HQs:Germany×2Denmark×1United Kingdom×1

Investments · 15 tracked

founders shown can be your intro path

By year:2022 · 12018 · 12017 · 13 dated

Energienergi.ai

Anders H. Lier(Founder)in

Co-investorsPlug and Play Ventures

Grovergrover.comin𝕏Jul 2018

Grover offers technology products such as smartphones and other consumer electronics through flexible rental subscription plans, allowing customers to pay for the duration they use a device.

Circular EconomyConsumerE-commerceMarketplaces

Michael Cassau(Founder)in

Co-investorsAssurant VenturesAugmentum FintechcoparionEnergy Impact PartnersEnjoyventure ManagementGerman Media Pool+11 more

Lendislendis.ioinJan 2022

Lendis rents out preconfigured IT equipment (laptops, smartphones, monitors, accessories) delivered directly to employees' home offices, handling configuration, shipping, replacement and returns.

Enterprise SoftwareFuture of WorkHardwareHR TechLogistics & Supply ChainSaaSBerlin, DE

Julius Bolz(Co-Founder & Managing Director)inStavros Papadopoulos(Co-Founder & Managing Director)inEric Bean(Manager of the Manager)Michael Eizelman(Manager of the Manager)Everett K Sands(Manager of the Manager)

Co-investorscoparionDN CapitalKeen Venture PartnersKPN VenturesPICUS CAPITALHV Capital

PackBenefitpackbenefit.eco

PackBenefit makes cellulose-based food packaging trays that are recyclable as paper and 100% compostable, offered as an alternative to plastic modified-atmosphere (MAP) trays for food brands.

Circular EconomyFoodTechNew Materials

Manuel Guerrero(CEO)

Shark Solutionsshark-solutions.com

Shark Solutions recycles post-consumer PVB (polyvinyl butyral) from windshields and laminated architectural glass, operating recycling factories in Europe and the USA that convert the waste into sustainable polymers for industrial uses such as carpet backing, paints, coatings, and sound dampening.

Circular EconomyCleantechNew Materials

Winnow Solutionswinnowsolutions.comOct 2017

Winnow builds an AI-based food waste prevention system for commercial kitchens that uses a camera and connected scale to automatically identify, weigh, and log discarded food, generating daily reports that help chefs adjust purchasing, menus, and portions.

AI & Machine LearningClimate TechFoodTechLondon

Marc Zornes(Director)in

BoardKashif Siddiqui(Director)Hrair Mekhsian(Director)Kevin Duffy(Director)

Co-investorsR/GA VenturesMustard Seed

Zigzagzigzag.globalin

ZigZag offers a SaaS-based returns management platform that integrates with retailer websites to handle product returns.

E-commerceLogistics & Supply ChainRetail TechSaaSLondon, GB

Al Gerrie(CEO & Founder)in

Co-investorsAscensionMaersk GrowthPlug and Play Ventures

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

ACSBike ClubCERAFILTECMatsmart MotatosREBIKETrustraceWinnow

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Circularity Capital made?
Circularity Capital has 15 tracked investments.
What stage does Circularity Capital invest at?
Circularity Capital invests at the Growth stage.
What sectors does Circularity Capital focus on?
Circularity Capital focuses on Circular Economy, Climate Tech, Fintech, Impact & Social Good.
Where is Circularity Capital located?
Circularity Capital is headquartered in Edinburgh, GB.
Does Circularity Capital lead rounds?
Circularity Capital has led 3 of the 4 rounds where its role is on record.
Who does Circularity Capital co-invest with?
Circularity Capital most often shares deals with coparion, Plug and Play Ventures, DN Capital, among 22 tracked co-investors.

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