At a glance
- The London industrial technology investor had filed with the SEC to raise up to $500 million for Fund III, making the close 40% below that ceiling.
- Terms beyond the closing size were not disclosed.
- Fund selectors weighing an industrial-tech allocation can compare the $300 million pool with the $316 million raised in 2021 and the $500 million ceiling AP Ventures filed for.
AP Ventures reached a $300 million final close on its third fund, $16 million below the $316 million it raised for the predecessor vehicle in 2021, AltAssets reported on Oct. 28.
The London industrial technology investor had filed with the SEC to raise up to $500 million for Fund III, making the close 40% below that ceiling. Terms beyond the closing size were not disclosed.
Fund selectors weighing an industrial-tech allocation can compare the $300 million pool with the $316 million raised in 2021 and the $500 million ceiling AP Ventures filed for.
Fund III closed 40% below its filing ceiling
Fund size in $M: the 2021 vehicle, Fund III's final close and the SEC filing ceiling
- Highlighted
- Others
Show as table
| Label | Value |
|---|---|
| 2021 vehicle | $316M |
| Fund III (highlighted) | $300M |
| SEC filing ceiling | $500M |
Reported by the Venture Capital desk from AltAssets. Published . Corrections