High-flying venture capital fund AP Ventures supports technologies making use of PGMs to help the world combat climate change.
Existing investors in the London-headquartered AP Ventures, which this year established a South African presence, include South Africa's Public Investment Corporation, Anglo American Platinum, the Toyota-linked Mirai Creation Fund, Mitsubishi Corporation, Plastic Omnium and Sumitomo.
Now Implats joins high-flying PGMs-linked venture capital fund
JOHANNESBURG (miningweekly.com) – Platinum group metals (PGMs) mining and marketing company Impala Platinum (Implats) announced on Monday that it would be joining a high-flying venture capital fund that supports technologies making use of PGMs, which are helping the world to combat climate change.
Existing investors in the London-headquartered AP Ventures, which this year established a South African presence, include South Africa's Public Investment Corporation, Anglo American Platinum, the Toyota-linked Mirai Creation Fund, Mitsubishi Corporation, Plastic Omnium and the Sumitomo Corporation.
AP Ventures' investment strategy is focused on companies developing technologies which are capable of sustainably solving global challenges such as renewable energy integration and resource scarcity. A key area of focus is the decarbonisation of transport, mining and heavy industry, by the only fund of its kind offering investors access to these innovative, fast-growing companies built on the PGM properties.
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