Fund III final close · Business services
AP Ventures Fund III LP reaches $300 million final close
The industrial technology vehicle has already backed 13 companies since its initial close in 2024.
The final close completes a fund that has been deploying into energy and industrial technologies for two years. Its institutional backers span sovereign wealth funds, corporates, pension funds and family offices.
The portfolio includes businesses turning waste gases into fuels, improving wastewater treatment and reusing cement. AP Ventures combines early investment with support for commercialisation and industrial deployment, connecting technical founders to financial and industrial partners.
Use of funds
Back early-stage industrial and energy technology companies
Support commercialisation and industrial deployment
Funding history
Fund III final close · This round$300M