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AP Ventures and Elbow Beach Capital Join Cleantech for UK Coalition to Accelerate Clean Technology Investment

March 6, 2025

London, 6th March – Cleantech for UK is pleased to welcome AP Ventures and Elbow Beach Capital as the latest investors to join its coalition, reinforcing the initiative’s mission to drive investment into the next generation of UK-built clean technologies.

Backed by leading cleantech investors, Cleantech for UK brings together capital, innovators, and policymakers to create the conditions necessary for scaling sustainable solutions. The addition of AP Ventures and Elbow Beach Capital strengthens this collaborative effort, enhancing the coalition’s ability to support early-stage cleantech innovation and accelerate the commercialisation of breakthrough technologies.

“As a global investor in decarbonising hard-to-abate sectors, AP Ventures understands the importance of collaboration between investors, policymakers, and industry leaders. Our experience investing in early-stage hydrogen and CCUS technologies has demonstrated the need for strong alignment across the cleantech ecosystem to go from an idea to a scalable, commercial success story with a meaningful impact on global emissions. We are excited to work with Cleantech for UK and its broader network of investors to drive innovation in the UK and beyond.”                                           Andrew Hinkly, Managing and Founding Partner, AP Ventures

AP Ventures is a specialist venture capital firm focused on the global hydrogen economy and its supporting technologies. With a strong track record of investing in innovative companies that advance the hydrogen value chain, AP Ventures plays a critical role in shaping the future of clean energy solutions.

“The UK has a prolific opportunity to grow world-class climate tech organisations. However, making this a reality comes with challenges and requires a motivated, well-aligned ecosystem. We are pleased to be working with Cleantech for UK, as we believe they bring together the key stakeholders needed to unlock this potential success."                                                                              JP, Chief Executive Officer, Elbow Beach Capital

Elbow Beach Capital is an impact investment company that backs high-growth businesses tackling climate change and social inequality. Its portfolio spans decarbonisation, electrification, and sustainable energy, making it a natural fit for the coalition’s objectives of fostering a thriving cleantech ecosystem in the UK.

Their involvement in Cleantech for UK comes at a time of growing momentum for the initiative, which continues to advocate for policies and investment frameworks that enable cleantech scale-up.

“The UK’s ability to lead in cleantech depends on sustained investment and a dynamic innovation ecosystem. By welcoming AP Ventures and Elbow Beach Capital into our coalition, we are strengthening our ability to champion the technologies and entrepreneurs that will shape the future of sustainable industry. Their expertise and commitment to impact-driven investment will be invaluable as we work to position the UK as a global leader in cleantech.      
                                                              Sarah Mackintosh, Director, Cleantech for UK

With the support of AP Ventures, Elbow Beach Capital, and other coalition members, Cleantech for UK is strengthening the bridge between capital and innovation to position the UK as a global leader in the clean technologies of tomorrow.