Wire · operational-macro
London’s AP Ventures closes €269 million third fund to back early-stage industrial and energy tech startups
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Fusion42 · 28 October 2026 · Fusion42 review
AP Ventures, a London-based venture capital firm, has closed its third fund at €269.62 million to invest in early-stage industrial and energy technology companies globally. The fund targets innovations in low-carbon molecules, carbon capture, circularity, and advanced recycling for hard-to-abate sectors like chemicals, steel, aviation, and heavy mobility.
This Wire brief tracks AP Ventures, and It sits within Fusion42's coverage of Climate Tech.
◆ ◆ The Wire takeaway
Your early-stage climate tech startup now faces a larger pool of capital targeting low-carbon and energy innovation. AP Ventures' new fund opens a route for funding that supports technical scale-up and industrial deployment in sectors often overlooked by mainstream VC.
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1 source · 28 Oct 2026
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