Circularity Capital is a private equity firm that specialises in circular economy businesses.
Portfolio
3
companies
Winnow
Winnow builds computer vision and AI tools for commercial kitchens to measure and reduce food waste.
Bike Club
Bike Club offers a subscription service for children bicycles.
ZigZag Global
ZigZag Global provides software for retailers to manage product returns and resale.
Ian Nolan
Partner
Ian serves as partner and chairman of the investment committee at Circularity Capital. He holds several non-executive directorships and chairmanships across various companies.
LinkedInJamie Butterworth
Partner
Jamie is a partner at Circularity Capital. He previously served as chief executive of the Ellen MacArthur Foundation.
LinkedInDavid Mowat
Partner
ArcTern Ventures joined other backers in supporting the Series C round to enhance product development.
"This investment will enable us to further develop our world-leading AI capabilities, bringing even greater efficiency and impact to our clients and partners as we work together to reduce food waste on a global scale."
The funding round was led by Circularity Capital and will support expansion into international markets.
"As society faces climate change, we should work together to consume better, meaning we should rent better things and refurbish them. This is exactly the option Bike Club gives tens of thousands of families across the UK."
Ingka Investments led the Series B round, which will fund technology development and international expansion.
"We are very excited about driving the business forward in our global fight against food waste and we are grateful for the continuous support of our investors, with one strategic partner of the investor group Ingka Investments using Winnow on a daily basis across IKEA stores globally. This year we launched our ground-breaking AI product Winnow Vision, and chefs using Winnow around the world are saving $33m worth of food from going to waste annually. We have set a target to save our customers $1bn by 2025, and this investment will accelerate our technology development and business development approach to help achieve this ambition."
Circularity Capital led a multi-million pound growth round in ZigZag Global to accelerate international expansion.
"ZigZag has developed a powerful solution for retailers to addressing the growing challenge posed by e-commerce returns. Our investment in ZigZag is highly aligned with Circularity’s focus on using the circular economy to identify opportunities to drive financial value creation in parallel with positive environmental and societal impact."
