Scaling circular innovation
New Materials
Eco-efficient Processes
Waste Innovation
Circular Packaging
Logistics and Distribution
Circular Business Model
Recycling
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Circular Innovation Fund

Mission

The Circular Innovation Fund (“CIF”) is a global growth-stage venture capital fund focused exclusively on circular innovation, striving to positively contribute to climate change mitigation and the circular use of resources. Led by Cycle Capital and Demeter – a team of financial entrepreneurs with years of cleantech-focused capital management experience – the fund’s mission is to accelerate the growth of circular innovation, close the loop on single-use waste and re-design our economy for a more sustainable future.

Investment
Thesis

Acknowledging the increasing pressure on natural resources and the global waste crisis, Circular Innovation Fund invests in growth-stage companies across North America, Europe and Asia, which have the potential to solve complex problems along the supply chain and minimize environmental impact. These companies bring forward breakthrough technologies and business models within the circular economy, including new materials, circular packaging, recycling and waste innovations, logistics and distribution, clean technologies and eco-efficient processes, and circular business models.

Team

Benoit
Foncier

Senior Partner

Circular Innovation Fund

Mathieu
Goudot

Senior Partner

Circular Innovation Fund

Adeline
Kempf

Principal

Circular Innovation Fund

Maya
Hassa

Analyst

Circular Innovation Fund

Andrée-Lise
Méthot

Founder and Managing Partner

Cycle Capital

Claude
Vachet

Managing Partner

Cycle Capital

Sophie Paturle-Guesnerot

Co-founder and Managing Partner

Demeter

Stéphane
Villecroze

Co-founder and Managing Partner

Demeter

Demeter is a major European investment platform dedicated to the ecological transition, with over €1 billion under management and 200 investments made since 2005. Demeter invests between €1 and €30 million to support companies at all stages of development: innovative startups, high-growth SMEs and infrastructure projects. Its team of 38 people is based in Paris, Lyon, Bordeaux, Grenoble, Metz, Madrid and Düsseldorf. Demeter is a responsible and committed investor, signatory to numerous initiatives such as PRI (Principle for Responsible Investment), CDP (Carbon Disclosure Project), iC20, The Shift Project, and gender initiatives. All new Demeter funds are classified as “Article 9” under the European Sustainable Finance Disclosure Regulation (SFDR). For more information on Demeter, please visit: demeter-im.com.

Cycle Capital is an impact investor and leading private cleantech venture capital investment platform with $600 million under management. With offices in Montreal, Toronto and Qingdao, mainland China, and a presence in New York and Seattle, Cycle Capital invests across North America and China in growing and commercializing companies that have developed technologies aimed at reducing greenhouse gas emissions and optimizing resources and processes. Cycle Capital is the founder of Cycle Momentum Accelerator and Canadian co-chair of the Beyond the Billion initiative – an international campaign to mobilize a consortium of investors who support female founders. For more information on Cycle Capital, please visit: cyclecapital.com.

Contact

Montreal
1000 Sherbrooke west, Suite 1610
Montreal, Quebec, Canada
H3A 0A6

Paris
7-9 rue La Boétie
75008
Paris, France