Invitation
Join the RE+CIRCLE Industry Studio that designs, builds, and scales circular infrastructure ventures. Its North Portfolio transforms underutilised waste streams into high value industrial commodities across the Nordics and beyond. A replicable model of modular, policy aligned, and investor-grade ventures that tackle industrial, municipal, and marine waste challenges.
RE+CIRCLE functions as both a venture builder and infrastructure operator, guiding concepts from validation to bankable, revenue-generating projects. By integrating deep sector knowledge, a technology-agnostic strategy, and structured co-investment models, RE+CIRCLE leads the industrial circular economy transition in high-opportunity regions.
Studio Partner
Join us to secure Studio runway. Enjoy dilution protected equity in all downstream Studio North projects.
Learn more
SAFE Investment
Participate in our milestone de-risking steps for each project in return for dilution protected equity.
Launch Capital
Portfolio wide or direct financing deployed to projects when they demonstrate build-to-operate readiness.
Operating Model Framework
Operations Unit–
Industry Studio
Controls venture formation and early-stage investment with ownership across all downstream projects. Offers Studio Partner investment for dilution protected equity in projects.
Main Unit of Business–
Projects (SPVs)
Projects turn into Special Purpose Vehicles when they meet funding needs.
A leading SPV may evolve into a GroupCo structure for multiple operations.
Pre launch development of projects are milestone de-risked diligenced by small ticket SAFE Investment from RE+CIRCLE's investor network.
Build-to-Operate ready projects are funded by Portfolio Launch Capital (callable funds).
Modus Operandi–
Milestone-Based Development
Milestone-driven execution via 7 staged SAFE-to-Exit framework.
Project qualification with industry, municipalities, ports, offtakers.
Milestones determine deployment of capital for investor comfort.
Predictable & Reliable Triple Funding Model
Predictable Calendar
  • Periodic sessions for investors ringside insight.
  • SAFE SPV investment windows upon reached de-risking milestones.
Predictable Dealflow
  • Proprietary Projects and development pipeline.
  • High inter-venture synergy.
  • Pacing aligned with capital availability.
Predictable Funding and Returns
  • Fixed early-stage development budgets (Phases 1–3).
  • Minimum 25% IRR target across SPVs.
  • Max 3.5-year payback per venture (from revenue).
Core Studio Team
  • Small, high-performing team with generalist + deep domain mix.
  • Executes all phases through proof of scale.
  • Handover only post-de-risking to recruited co-founders.
Proof-before-Promises Ownership
  • SPV Team equity tied to vesting and milestones.
  • SAFE notes with valuation caps for early SPV investors.
  • Cap table roll-ups upon SPV Launch Capital close.
Genesis Portfolio
Six Circular Industry Projects
The North Studio's initial rollout cluster, featuring six high yield ventures located across Norway and Sweden and to expand in The Nordics. Click project image to learn more.
Hazardous Waste Oil to Certified Clean Diesel
Converts oils into EN590 diesel.
IRR: 25–28%. Payback: 2.5–3.5 yrs
End-of-Life Tyres to rCB and Pyrolysis Oil
20,000 tonnes/YR ELTs processed.
Backed by landfill bans and public funds.
Battery-Grade Graphite from Tyre Waste
60 tonnes/day plant = $45.5M/YR
Fully EU Battery Reg compliant.
Mixed Waste to Electricity and District Heat
6.4 MWe + 20 MWth output
Modular, grid-integrated WtE
Hard-to-Recycle Plastics to Pyrolysis Oil
60 tonnes/day.
CapEx: $30M. IRR: ~28–34%.
Marine Organic Waste to Biogas and Compost
From aquaculture sludge to bioenergy + soil inputs.
IRR: ~25%.
North Portfolio Metrics
€80M
Annual Revenue
€160M
Total CapEx
100k+
tCO₂e Offset/Year
25%+
Minimum IRR Target
Flagship Ventures Snapshots
Status on selected projects of the Studio North Portfolio–
RE+FUEL
Modular twin-line facility converting hazardous oils and plastics into certified EN590 diesel.
In co-investment with a cornerstone infrastructure investor.
Technology validated through a first-customer deployment with DEPO Solutions.
Strategic site synergies in Sweden with other RE+CIRCLE ventures (shared logistics and energy).
Strong revenue predictability and low execution risk.
RE+FUEL is a de-risked, tech-proven project designed for rapid scale-up with embedded circular economy, decarbonisation, and regional impact potential.
RETYRA
20,000 tonnes/year ELT facility delivering rCB, TPO, and gas.
Compliant with EU Circular Economy Action Plan & Swedish landfill bans.
Revenue start from 18-24 months;
EBITDA margin ramps to 42.5%.
45% Public Grants secured.
Soon 20% Local Equity committed.
35% Commercial Loans, 80% guaranteed by Swedish Export Credit Authority (EKN).
RETYRA is a fully permitted, co-investable circular asset—de-risked, high-yield, and ESG-qualified.
RE+GRAPHIX
Upgrade platform transforming rCB from RETYRA into battery-grade recovered graphite (rCG).
Value uplift: from $1,400/tonne to $7,000–$20,000/tonne (offtake value).
Exclusive off-take agreement for RETYRA rCB—guaranteed feedstock.
Additional CapEx: €60M
Payback: <3 years based on current offtake pipeline.
RE+GRAPHIX North is a high-margin, tech-enhanced vertical add-on—designed to unlock the full value of recovered carbon for the energy transition.
Studio-Level Strategy
  • Evergreen potential Structure with capital recycling.
  • SAFE-to-Exit Development Pathway for clarity and investor confidence.
  • All ventures include local co-investment for legitimacy and grant leverage.
  • Capital partners' evergreen reinvestment into next SVP clusters.

Total Portfolio Metrics (first SPVs):
  • Revenue: >€80M/YR
  • CapEx: ~€160M
  • CO₂ Offset: >100,000 tCO₂e/year
From waste streams to value streams — RE+CIRCLE North proves the model.
SAFE-to-Exit Pathway
20 years building new industry projects for companies like Equinor, Statkraft, AGA, Linde Gas, and Circle K. 10 Years building and exiting Oslo and London based Venture Studio. We follow the award-winning predictable and reliable SAFE-to-Exit pathway to build and operate industry projects. With pre launch capital de-risking phases with investor diligence for 90%+ success rate of industrial development. And corresponding return potential.
01. SPIN Analysis
Stakeholder problem-solution fit.
02. Pre-Seed
Business Model validation.
03. Seed
Feasibility & Pre-Engineering.
04. Launch Capital
Final Investment Decision.
05. Roll-Out
Build, Commission, Operate
06. Multiply
Structured Growth
07. Exit
Divestment (and discretionary Reinvestment)
Join the Circular Revolution
RE+CIRCLE invites financial and industrial members and partners to join its mission as co-builders of circular economy infrastructure. Stay connected for:
Early Access
Early access to pre-qualified SPV investment rounds.
Insider Participation
Participation rights in regular fixed calendar strategy and status sessions.
Strategic Insights
Ringside insights into Projects milestones and Studio pipeline.
Collaboration Opportunities
Strategic collaboration opportunities for industrial partners (e.g. offtake, feedstock, technology).
Co-Development
Optional co-development roles in SPV execution and delivery.
Together, we co-create capital-efficient, impact aligned ventures. This is your invitation to help scale—and shape—the industrial transition.
Studio North Partner
Secure RE+CIRCLE Central Operations
RE+CIRCLE invites a silent or active Partner to co-anchor its core operations over the first 3.5 years. This partner will:
  • Contribute to boxed Studio Team and operational cost.
  • Receive guaranteed equity share directly into the entire downstream of Studio's SPVs.
  • Evergreen rights: Option to reinvest proceeds into next clusters of SVPs (fresh of reinvested capital).
  • Be eligible for a Studio seat or strategic role, subject to mutual alignment.
This is a rare opportunity to underwrite circular transformation at the root by empowering the team that builds and scales the ventures from the ground up.
Portfolio Launch Capital Investor
RE+CIRCLE is seeking visionary Portfolio Launch Capital investors for its North portfolio to anchor its first Projects roll-outs (callable pledge or immediate deployment). This role offers:
Preferred equity participation in North Portfolio (SPV cluster).
Governance access through a board or investment committee seat.
Right of first refusal on follow-on investments across North SPVs.
Reinvestment upside through an evergreen capital model.
Strategic influence on venture prioritisation and portfolio direction.
We invite a Launch Capital investor to join at the ground floor of a scalable, policy aligned, and impact-driven industrial portfolio—one built to deliver regenerative returns and real circular transformation.
Summary
RE+CIRCLE represents a highly structured, milestone-driven, and investor aligned model for building scalable circular infrastructure. With six ventures already advancing through early phases and a studio team engineered for velocity, the model offers clarity, discipline, and upside.
It is not a fund. It is a circular venture studio platform—where each project must earn its way forward, each investment is linked to progress, and every return fuels the next regenerative cycle.
This is not just waste recovery. This is industrial transformation. Evergreen Nature. Evergreen Profit.
Disclaimer: The above is for informational purposes only and does not constitute an offer or solicitation to invest. Projected returns are estimates and not guarantees. All investment decisions should be made after thorough due diligence and consultation with financial advisors.