London’s AP Ventures closes €269.62 million third fund to back early-stage industrial and energy tech startups
AP Ventures, a London-based independent VC firm investing in early-stage industrial and energy technologies, today announced the final close of AP Ventures Fund III LP (Fund III). The VC firm has raised €269.62 million ($300 million) in commitments for Fund III from a “diverse group” of existing and new institutional investors, including sovereign wealth funds, […] The post London’s AP Ventures…
London-based venture capital firm AP Ventures has successfully closed its third fund, AP Ventures Fund III LP, raising €269.62 million ($300 million). The fund, which has committed to 13 portfolio companies, was backed by a diverse group of institutional investors, including sovereign wealth funds, corporates, pension funds, and family offices.
AP Ventures, which began as part of Anglo American Platinum's PGM Investment Programme, now invests globally in early-stage technologies reshaping the industrial economy. The firm focuses on low-carbon molecules, carbon capture and utilisation, and circularity and advanced recycling in sectors such as chemicals, steel, aviation, and heavy mobility.
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