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5 August 2021

A.P. Moller Capital invests in Eranove

A.P. Moller Capital, Emerging Capital Partners, DEG and IFU of Denmark join forces to invest in Eranove

“This investment in Eranove fits well with our strategy for The Africa Infrastructure Fund, namely, to support sustainable development on the African continent. Supplying reliable and cost-effective energy with low carbon emissions, for corporations and households is a necessity for further development in the continent”
Jens Thomassen, Partner at A.P. Moller Capital

News from the A.P. Moller Group

Letter from the CEO

In connection with the publication of A.P. Moller Holding’s Annual Report 2025, our CEO, Robert M. Uggla shares his reflections on last year’s activities and highlights from across the A.P. Moller Group.

Annual Report 2025

A.P. Moller Holding delivered satisfactory results in 2025

A.P. Moller Holding leads the $60 million Series C equity financing in Upway

Upway is a leading e-commerce platform for buying refurbished e-bikes, driving the transition to sustainable urban mobility.

“We are excited to support Upway on its journey to revolutionize the global market for refurbished e-bikes. Upway’s ability to industrialize second-hand e-bike refurbishment and deliver the highest level of customer trust globally truly sets them apart. Today’s investment also reflects our confidence in Upway’s sustainable and scalable business model that aligns with our commitment to sustainable, long-term growth,” said Chetan Mehta, Head of Growth Equity at A.P. Moller Holding.