
The fund is backed by EIF, EBRD, IFC, Erste Asset Management, HBOR, Doverie and regional private investors.

The fund saw backing from Phoenix Court’s Basecamp, British Business Bank, and Better Society Capital.

The fund saw support from entrepreneurs, unicorn founders, and general partners of leading venture capital and private equity firms.

The fund was backed by the European Investment Fund (EIF), Saminvest, SmartCap, and Volvo Group.

Companies raising pre-seed, seed, or Series A rounds can apply until November 25, 2026.

The fund received backing from global institutional investors, including university endowments, pension funds and charitable foundations.

The fund was backed entirely by entrepreneurs, family offices and private investors.

The fund’s backers include French institutional investors, including the European Investment Fund (EIF), alongside entrepreneurs who supported the fund initially.

AP Ventures Fund III was backed by a global group of existing and new institutional investors.