Latest fund size
$300M
Announced
October 29, 2026
Global HQ
United Kingdom
Members only
Check size
$1M-$5M
Members only
Stage focus
Pre-Seed, Seed, Series A
Members only
Regions of investment
Europe, North America, Africa
Members only
AP Ventures is a London-based venture capital firm, with offices in Johannesburg and San Francisco, that has invested in industrial and energy technology since 2013. The firm manages approximately $500 million in assets, backing technically differentiated companies that improve the resilience, efficiency, and sustainability of hard-to-abate industrial sectors.
Andrew Hinkly, Managing Partner
Kevin Eggers, Partner
Birgit Behrendt, Venture Partner
Mardé van Wyk, Venture Partner
Alexis Garavel, VC Investor and Portfolio Manager
Calum Ferguson, Investment Manager
Sengo Garrine, Investment Manager
Shimpei Yamashita, Investment Manager
Khangzhen Leow, Investment Associate
Elisabeth Feldstein, Investment Associate
George Irven, Investment Associate
Yohei Hosokawa, Investment Associate
Charlotte Downie, Investment Analyst
Members only
Names, roles, emails and LinkedIn profiles for the team, plus the fund's website.
AP Ventures invests from pre-seed through Series A in companies working on low-carbon molecules, including hydrogen, across production, storage, transport, and end use, as well as carbon capture and utilization, circularity and advanced recycling, and hard-to-abate sectors such as chemicals, steel, aviation, and heavy mobility.
The firm works with founders through commercialization, industrial deployment, and scale-up, and gives its limited partners access to deal flow, knowledge sharing, and an industrial innovation network.
Members only
What the fund looks for in founders and which sectors it backs.
AP Ventures has closed Fund III at $300 million in commitments from institutional investors, including sovereign wealth funds, corporates, pension funds, and family offices, both returning and new.
The fund held its initial close in 2024 and has backed 13 companies to date, including Teragen Energy, Aether Fuels, CREW Carbon, Rosy Soil, Reclinker, Lydian Labs, and Rubi Laboratories.
Members only
Fund size, LPs and track record.
Leadership
AP Ventures was founded by Andrew Hinkly, Managing Partner, and Kevin Eggers, Partner. The team also includes Venture Partners Birgit Behrendt and Mardé van Wyk.
Investment Strategy
The firm invests at the pre-seed, seed, and Series A stages in technically differentiated industrial and energy technology companies, then supports them through commercialization and industrial-scale deployment.
Notable Investments
Members only
Leadership, investment strategy, notable investments and exits.
