# Circular funding: rounds and investors

> Circular has raised $8.9M across 4 rounds since 2012. Investors include Y Combinator, Kima Ventures and Goodwater Capital. Every round with its source.

Source: https://millionrounds.com/company/circular (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Circular*

4 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

E-commerce

Y Combinator: W22

Funding summary Updated 26 Oct 2026

**$8.9M** raised across 4 rounds since 2012, from 4 sources

**$1.4M** Seed **$7.5M** Series A

- **Latest round:** Venture Jan 2025
- **Biggest round:** $7.5M Series A · Mar 2022
- **Investors:** 11

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012 2014 2016 2018 2020 2022 2024

**?** Seed

**$1.4M** Seed

**$7.5M** Series A

**?** Venture

- **First round:** Seed
- **Biggest round:** $7.5M
- **Usual gap between rounds:** 2.8 years

[**Circular** E-commerce 1 / 11 Their pitch deck **Circular's pitch deck, 11 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/circular)

## The rounds

- **Jan 2025** Venture **Amount undisclosed** *4 new* *1 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Partech Ventures](https://millionrounds.com/fund/partech) [Airtree Ventures](https://millionrounds.com/fund/airtree) [January Capital](https://millionrounds.com/fund/january-capital) Source recorded
- **Mar 2022** Series A **$7.5M** *5 new* [Kima Ventures](https://millionrounds.com/fund/kima-ventures) [LocalGlobe](https://millionrounds.com/fund/localglobe) [Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) [Acurio Ventures](https://millionrounds.com/fund/acurio-ventures) [Shilling VC](https://millionrounds.com/fund/shilling) Source recorded SEC filing: $1.4M sold, first sale Nov 2021
- **Dec 2021** Seed **$1.4M** *1 new* [The Yield Lab](https://millionrounds.com/fund/the-yield-lab) Source recorded SEC filing: $1.4M sold, first sale Nov 2021
- **Aug 2012** Seed **Amount undisclosed** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2012 **Seed** 2021 **Series A** 2022 **Venture** 2025 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Kima Ventures](https://millionrounds.com/fund/kima-ventures) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Partech Ventures](https://millionrounds.com/fund/partech) [LocalGlobe](https://millionrounds.com/fund/localglobe) [Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) [Airtree Ventures](https://millionrounds.com/fund/airtree) [The Yield Lab](https://millionrounds.com/fund/the-yield-lab) [Acurio Ventures](https://millionrounds.com/fund/acurio-ventures) [Shilling VC](https://millionrounds.com/fund/shilling)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds

[Kima Ventures](https://millionrounds.com/fund/kima-ventures) VC firm **1** round

[Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) VC firm **1** round

[Partech Ventures](https://millionrounds.com/fund/partech) VC firm **1** round

[LocalGlobe](https://millionrounds.com/fund/localglobe) VC firm **1** round

[Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) VC firm **1** round

[Airtree Ventures](https://millionrounds.com/fund/airtree) VC firm **1** round

[The Yield Lab](https://millionrounds.com/fund/the-yield-lab) VC firm **1** round

[Acurio Ventures](https://millionrounds.com/fund/acurio-ventures) VC firm **1** round

[Shilling VC](https://millionrounds.com/fund/shilling) VC firm **1** round

[January Capital](https://millionrounds.com/fund/january-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=circular).

## Quick answers about Circular

### Who invested in Circular?

Circular's investors include Y Combinator, Kima Ventures, Goodwater Capital, Partech Ventures and LocalGlobe, and 6 more on record.

### How much has Circular raised?

Circular has raised $8.9M across 4 rounds since 2012. 2 rounds did not disclose an amount, so the total is a floor.

### When did Circular last raise?

Circular's most recent round was a Venture in Jan 2025.

### What was Circular's biggest round?

Circular's largest round on record is $7.5M (Series A), in Mar 2022.

### Who backed Circular first?

Circular's first round on record, in Aug 2012, was backed by Y Combinator.

### What stage is Circular at?

Circular's latest named round is a Venture, in Jan 2025.

### Where is Circular based?

Circular is based in Singapore.

## Companies like Circular

In the same sector, and raised in the last eighteen months.

[**Etaily** $18M · Jul 2026](https://millionrounds.com/company/etaily)[**Qashier** $6.1M · Jun 2026](https://millionrounds.com/company/qashier)[**Lingble** Jun 2026](https://millionrounds.com/company/lingble)[**Graas** $9.0M · Aug 2025](https://millionrounds.com/company/graas)[**Kyberlife** $1.3M · Jul 2025](https://millionrounds.com/company/kyberlife)[**Webuy Global** $3.0M · Jul 2025](https://millionrounds.com/company/webuy-global)

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