AP Ventures welcomes Pavilion Capital as a new investor into Fund II
· AP Ventures is focused on the fast-growing hydrogen economy. The Fund invests in advanced technology companies which tackle global environmental and sustainability challenges;
· AP Ventures has an existing portfolio of 14 investments across the hydrogen value chain including production, storage, transportation and end uses;
· Pavilion Capital joins Anglo-American Platinum, Implats, the Mirai Creation Fund, Mitsubishi Corporation, Plastic Omnium, the Public Investment Corporation and Sumitomo as an investor in AP Ventures.
London, United Kingdom, 19 April 2021: AP Ventures today announces that Pavilion Capital has become a Limited Partner in AP Ventures Fund II.
AP Ventures’ partners have been investing throughout the hydrogen value chain since 2013, seeking companies which are developing technologies capable of sustainably solving global challenges such as renewable energy integration and resource scarcity. A key area of focus remains decarbonisation of transport, including shipping, and heavy industry. Through fuel cells, green hydrogen enables zero emission mobility while the use of hydrogen for heat can decarbonise industries such as steel and cement manufacturing currently reliant on hydrocarbon fuels.
In welcoming Pavilion Capital as its eighth Limited Partner, AP Ventures and its portfolio companies look forward to benefitting from working with a Singapore-based investor focused on the North Asian and Southeast Asian economies. Hydrogen has a strategic importance for Singapore, a major maritime port and aviation hub. Green hydrogen has the potential to decarbonise the hard-to-abate maritime and aviation sectors.
Commenting on the investment by Pavilion Capital Andrew Hinkly, Managing Partner of AP Ventures said: “We are delighted that Pavilion Capital has chosen to invest in AP Ventures Fund II. The speed of growth and development within the hydrogen economy continues to gather momentum and we are proud to work with Pavilion Capital by providing access to this sector.”
About AP Ventures:
AP Ventures is headquartered in London and manages venture capital funds with a global mandate to invest in pioneering new technologies and businesses which aim to solve global challenges. The existing portfolio is focused on the hydrogen value chain and includes investments in All these companies either utilise or enable the use of Platinum Group Metals (PGMs). AP Ventures is led by Andrew Hinkly (Managing Partner) and Kevin Eggers (Partner). Investors include Anglo-American Platinum, Implats, the Mirai Creation Fund, Mitsubishi Corporation, Pavilion Capital, Plastic Omnium, the Public Investment Corporation and Sumitomo Corporation.
More info: www.apventures.com
About Pavilion Capital:
Pavilion Capital is an investment company based in Singapore. It focuses on private equity/venture capital funds and direct investments in companies that ride on the growth and transformation of the North Asia and Southeast Asia economies. It pursues investments across different sectors, particularly in innovative technology and healthcare. Through collaboration and connectivity, Pavilion Capital builds relations with private equity funds and partners to achieve positive collective outcomes. The company embraces sustainability and applies ESG considerations in its investment activities.