A new vision for funding circular innovations
We bridge the funding gap for innovative, sustainable production companies who
realise their first or second commercial
scale production facility.
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To protect our planet,
we must act now
To protect our planet,
we must act now
In our linear economy we are depleting our natural resources fast. We are currently consuming 1,7 times as much resources as the earth can annually provide. If the whole world population would consume the same as in the Netherlands, the footprint would be even more, 2,7 earths.
As we only have one planet, we need to use the earth’s resources smarter than the current take-make-waste approach if we want to preserve our welfare and maintain a liveable planet.
We bridge the funding gap for circular innovators
Innovations need sufficient funding. But all too often, we see innovation compromised because of a lack of financial support to realise commercial-scale production facilities. So, when technology is too innovative for banks, and at the same time too capital intensive for venture capital parties, we step in.
Learn more about our Fund, the Impact we aim to make, our Team and who our Investors are.
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NEWS
PCDF finances 3 routes for biobased production in a circular economy
The industrial sector has a large environmental footprint. To bring the emissions down and make the sector circular, the use of bio-based feedstock must increase. Specifically for the chemical industry, PCDF distinguishes 3 different material transition routes that we finance with our fund.
The Polestar Capital Circular Debt Fund announces its debt financing of Xycle
The Polestar Capital Circular Debt Fund (PCDF) announces its debt financing of Xycle, a pioneer in the chemically recycling of mixed plastic waste into their molecular building blocks.
PCDF finances €3 mln towards construction of the demo factory of Uppact
The Polestar Capital Circular Debt Fund (PCDF) announces its €3 million debt financing of Uppact, a processor of hard-to-recycle plastic and textile waste streams into building and construction materials. With its funding, Uppact will construct a demonstration plant in Farmsum, the Netherlands, using one production line, which will be a first of its kind in Europe.
PCDF finances Circtec's production facility
The Polestar Capital Circular Debt Fund (PCDF) announces its €20 million debt financing of Circtec, a pioneering developer of recovered carbon black, circular naphtha and circular marine fuel from end-of-life tyres. With the financing of PCDF, Circtec complements the funding for the construction of the first phase of its commercial-scale pyrolysis recycling facility in the port area of Delfzijl (the Netherlands). In total, Circtec has now secured €150 million in equity, subsidies and debt financing for the Delfzijl project.
Circular firms to gain from €43 million additional funds for Polestar Capital fund
Polestar Capital Circular Debt Fund receives €30 million commitment from EIF to support SMEs in circular economy, with a further €13 million provided by Realdania Oost NL and Polestar Capital. The EIF’s stake is backed under the InvestEU initiative of the European Commission and by Invest-NL’s Dutch Alternative Credit Instrument. The fund aims to support up to 30 companies in the demonstration phase of their product or technology.
The Polestar Capital Circular Debt Fund finances BioBTX, a pioneering developer of renewable aromatics technology in the Netherlands
The Polestar Capital Circular Debt Fund announces its €15 million debt financing of BioBTX, a pioneering developer of renewable aromatics technology in the Netherlands. In total, BioBTX has secured over €80 million to launch the world's first commercial-scale renewable chemicals plant, utilising BioBTX's innovative technology to produce sustainable aromatics (BTX) from plastic waste and biomass.
Societe Generale takes a participation in Polestar Capital Circular Debt Fund to accelerate its support to the circular economy
Hilversum 29 June 2023 - Polestar Capital announces the acquisition of a stake by Societe Generale Amsterdam in Polestar Capital Circular Debt Fund, the sole private debt fund in Europe dedicated to the circular economy. This participation and related commercial partnership will support innovation and help scale up circular economy projects and solutions.
The Polestar Capital Circular Debt Fund welcomes Invest-NL, Onderlinge s‘Gravenhage, De Hoop and the province of Limburg as investors
PCDF grows to EUR 187 mln with the participation of four new investors. The Dutch state impact investor Invest-NL and the insurers Onderlinge s‘Gravenhage and De Hoop have already invested, the Province of Limburg has made its investment decision but is still in the process of formalizing its participation.
Polestar Capital Circular Debt Fund (PCDF) zet in op aanjagen circulaire economie – Milieu magazine juni 2022
Met een bedrag van maar liefst 100 miljoen euro opende Polestar Capital recent het grootste circulaire economie investeringsfonds in Europa. Het fonds gaat leningen verstrekken aan innovatieve circulaire projecten.
Polestar Capital opens €100 million circular economy fund, the largest of its kind in Europe
Today Polestar Capital announced the launch of the biggest circular economy fund in Europe. The fund, called the Polestar Capital Circular Debt Fund (PCDF), has opened at €100 million, and expects to grow to €400 million within a year.
The circular transition calls for patient private capital
While commitments are being made at COP26 Glasgow. Rens Van Tilburg, Willem Schramade, Jacqueline Duiker and Philip Tan are calling attention to the funding gap to transition to a circular economy.
