Private Equity

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Circle Capital

Circle Capital is a Singapore-based venture capital firm focused on Asia's Energy Transition. It is a Singapore MAS-licensed VCFM operating within the energy...

Circle Capital logo

Circle Capital

Circle Capital is a Singapore-based venture capital firm focused on Asia's Energy Transition. It is a Singapore MAS-licensed VCFM operating within the energy transition equity space. The firm invests in businesses that deploy energy-savings-as-a-service, creating a critical enabler for industrial decarbonisation.

General information

Firm type

Private Equity

Year founded

1983

Location

Region

Asia

Country

Singapore

City

Singapore

Corporate office

105 Cecil Street, #18-18 The Octagon, Singapore 069534

Principals

Ambika Behal

Managing Director

Sonam Thendup Bhutia

Director

Wei Hern Ng

Fund Analyst

Sector focus

Energy Transition & Renewables

Frequently asked questions

What does Circle Capital invest in?

The firm is exclusively focused on the energy transition in the Asia-Pacific region. Its website states it makes selective, early-stage venture investments across APAC. The mandate does not extend to generalist technology, healthcare, or consumer sectors.

Who makes investment decisions at Circle Capital?

The firm does not publicly name any principals, investment committee members, or deal leads on its website. No executive leadership is disclosed, making the decision-making structure opaque to outside parties.

Does Circle Capital manage outside capital or proprietary capital?

The firm’s website does not distinguish between proprietary and third-party capital. It presents itself as a venture capital firm making selective investments, but its funding base and AUM remain undisclosed.

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