What is Circular?
Founded in 2021 and headquartered in Singapore, Circular operates as a consumer electronic subscription service provider. The company aims to disrupt traditional ownership models by offering flexible access to electronic devices through a subscription-based framework. This innovative approach caters to a growing market segment that values convenience, cost-effectiveness, and the ability to stay updated with the latest technology without the burden of outright purchase and rapid depreciation.
How much funding has Circular raised?
Circular has raised a total of $7.6M across 1 funding round:
Angel/Seed
$7.6M
Angel/Seed (2023): $7.6M with participation from AirTree Ventures and Global Founders Capital
Key Investors in Circular
AirTree Ventures
Airtree Ventures is an early-stage venture capital firm that supports Australian and New Zealand founders in building iconic technology companies. The firm has a portfolio of over 125 companies and provides various programs to foster collaboration among emerging founders, operators, and investors.
Global Founders Capital
Global Founders Capital is a global early-stage investor that empowers gifted entrepreneurs by backing them from pre-seed to IPO. With a track record of supporting over five hundred entrepreneurs worldwide, including notable companies like Facebook and LinkedIn, GFC focuses on category-defining ventures.
What's next for Circular?
The recent major strategic investment signals a pivotal moment for Circular, likely enabling the company to accelerate its expansion plans, enhance its service offerings, and further penetrate key markets. This capital infusion is expected to fuel product development, bolster marketing efforts, and strengthen operational capabilities. As Circular continues to scale, its focus will likely remain on optimizing the subscription model, expanding its device portfolio, and solidifying its position as a leader in the circular economy for electronics.
See full Circular company page
