Anglo American Platinum-backed investment fund AP Ventures has secured $30m from Compagnie Plastic Omnium for its AP Ventures Fund II fund.
Automotive component producer Compagnie Plastic Omnium has committed $30m to the second fund for AP Ventures, an independent UK-based venture capital firm set up by mining company Anglo American Platinum.
AP Ventures focuses on companies developing technologies in the hydrogen value chain, fuel-cell electric mobility and energy storage markets, and which are dependent upon platinum as a metal.
The other corporate LPs in AP Ventures Fund II are Anglo American Platinum, trading group Mitsubishi and Mirai Creation Fund II, a…
