Circularity European Growth Fund II, initiated and managed by Circularity Capital, invests in European circular economy businesses that decouple business growth from intense resource utilisation. The circular economy represents a major enabler of the sustainability transitions, providing long-term solutions to climate change and resource depletion through efficient raw material utilisation, better product longevity and/or elimination of unnecessary waste.

The fund focuses on different circular investment themes, which it regards as the most attractive segments with respect to growth opportunities alongside impact potential, including circular design, product as a service, and product from waste.