CVC · WATER INVESTOR

FMG Circular AB

FMG Circular AB is a water-focused corporate venture that has backed 3 water companies. (don't) Waste Water rates its water commitment Committed.

Committed
Water Commitment
Type
Corporate Venture
HQ
Helsingborg, Sweden
Stage
Series A
Median round
$4.8M
Portfolio
3 cos

Water Commitment Score

Tier
Committed
3 water companies · last deal 2025 · leads ~0% of rounds · High confidence
How this is scored ↗
as of Jun 2026 · no pay-to-rank

Compiled from official filings, third-party records, and direct intelligence from investors and founders, in Leviathan · recomputed monthly · as of Jun 2026.

How they invest

Series A1
Median round$4.8Mrange $2.2M - $8.7M · 4 disclosed

Portfolio · 3 water companies

Bygen
Bygen manufactures low-cost, high-surface-area activated carbon from agricultural residues via
$2.2M2025
AquaGreen
AquaGreen’s SteamPro pyrolysis-drying unit converts wastewater-treatment sludge with >90 % mois
$8.7M2024
ACWA Robotics
ACWA Robotics develops autonomous, water-compatible inspection robots that navigate pressurized
$5.2MSeries A · 2024

See the full portfolio in Leviathan →

Invests alongside

Nordic Alpha Partners2x Impagt Invest Sjaelland1xMarubeni Corporation1x Alberts1xInvestible (Climate Tech Fund)1x State Government of Victoria1x University of Adelaide1xRegion Sud Investissement1x Credit Agricole1x

Highlighted = profiled on (don't) Waste Water.