Investor · 1 deal

Circulate Capital

Disclosed deals

Every published round Circulate Capital took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.

Company	Stage	Announced	Amount	Role	Alongside	Sources
Earthodic	Seed	31 Oct 2024	$6m	Participant	FTW Ventures Queensland Investment Corporation UniQuest Fund Significant Capital Ventures Branch Venture Group RedStick Ventures Tenacious Ventures Investible Closed Loop Partners American angel investors	SmartCompany (1 Nov 2024), AgFunderNews, SmartCompany (29 Oct 2024), Significant Capital Ventures portfolio

Portfolio

Companies Circulate Capital has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds	Led
Earthodic	Startup developing lignin-coating technology for packaging	31 Oct 2024, Seed	1	0

Funds

Fund closes reported for Circulate Capital, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for Circulate Capital yet.

Portfolio companies acquired

Companies Circulate Capital has backed that another company then bought. An exit for the holding, not a deal Circulate Capital did.

Company	Bought by	Kind	Announced	Price
No portfolio company of Circulate Capital is recorded as having been acquired.

Coverage

Stories naming Circulate Capital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

17 deals

Fifteen ANZ startups that raised $81 million this week

Round-up reporting Neara's $45 million Series C, Alimetry's US$18 million Series A2, Earthodic's US$4 million seed, and Antler's latest residency intake of startups each receiving $225,000 for 12% stakes.

SmartCompany 1 Nov 2024 Alimetry Authentified Communiti Labs Earthodic JubJub Lyngo AI Neara Pactify SeeStone Shopfront Spoony Ausgrid CenterPoint Energy Endeavour Energy ESB Networks Essential Energy Hedno Powercor SA Power Networks Scottish Power Southern California Edison University of Auckland American angel investors Antler Australia Branch Venture Group Circulate Capital Closed Loop Partners EQT FTW Ventures Icehouse Ventures Investible Partners Group Prosus Ventures Queensland Investment Corporation RedStick Ventures Significant Capital Ventures Skip Capital Square Peg Capital Tenacious Ventures UniQuest Fund Albert Tietz Anthony Musumeci Ben Chamberlain Cam Moore Daniel Danilatos Daniel Ferguson David Johnson Drew Flaherty Fiona Donaghey Dr Greg O'Grady Jack Curtis Josh Leask Karamvir Singh Kenneth Liang Melissa Mail Nathan Spiteri Nicholas Carlton Nilufer Haksever Steven Germain Tanmay Patel Dr Tom McCarthy

Also Startup Daily

2 deals

Green packaging startup Earthodic lands $6 million raise to expand water-resistant innovation

Brisbane maker of recyclable water-resistant paper coatings has closed an oversubscribed seed round led by FTW Ventures to lift production and enter the US market, with its 2023 pre-seed backers returning.

SmartCompany 29 Oct 2024 Earthodic Western Michigan University American angel investors Branch Venture Group Circulate Capital Closed Loop Partners FTW Ventures Investible Queensland Investment Corporation RedStick Ventures Significant Capital Ventures Tenacious Ventures UniQuest Fund Anthony Musumeci

Also AgFunderNews·SmartCompany

12 deals

Pets, cars and cybersecurity: 10 Aussie startups that raised a combined $372 million this week

A weekly roundup reporting ten Australian startups that together raised about $372 million, spanning pet e-commerce, marketplace software, fintech, used cars, cybersecurity, freight, data tools, genetic testing and payments anti-fraud.

Also SmartCompany·Techboard·Startup Daily·SmartCompany·Startup Daily

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