AP Ventures invests in early‑stage companies that enable the hydrogen value chain and carbon capture technologies, aiming to decarbonise hard‑to‑abate sectors such as industry, transport and energy. The firm seeks differentiated deep‑tech solutions with defensible advantages in electrolysis, storage, transport and utilization of low‑carbon hydrogen and carbon capture, supporting the transition to a sustainable energy future.
Industries
Industry breakdown
Top industries in the portfolio
Geography
Geographic scope
Global
Geography breakdown
Darker regions = more portfolio companies
Top 5 countries
United States of America
42.9%United Kingdom
14.3%Switzerland
7.1%France
7.1%Norway
7.1%Countries with a higher share of the portfolio are shaded darker on the map.
Stages
Stage indicator
Seed → Series C+
Stage breakdown
Portfolio by stage
Portfolio vintage
Companies by founded year
Fund details
Funds
Fund II
Vintage 2021 • $316M
Fund III
Vintage 2025 • $195M
Check sizes
Min: $4M
Typical: $4M
Max: $4.2M