Shapefin

Project A Closes €325 Million Fund V to Bolster European Early-Stage Tech Investment

Share It:

Project A, a European technology venture capital firm, has successfully closed its oversubscribed Fund V at €325 million, increasing its total assets under management to €1.2 billion. This fund aims to further Project A’s mission of partnering with European entrepreneurs at pre-seed, seed, and idea stages through its Studio platform. Malin Posern, Partner at Project A, stated, “Our conviction in the transformative power of European entrepreneurship is stronger than ever. Europe is poised to cultivate the next generation of globally significant companies, and this new Fund underscores our deep commitment to being a pivotal partner for these ambitious founders, offering both the essential capital and the deep operational understanding required to navigate their foundational journey.”Since its inception in 2012, Project A has established a track record in European early-stage investing, consistently fostering unicorns across its funds, including Trade Republic, sennder, Zepz, and most recently, Quantum Systems. This approach has positioned Project A among Europe’s top-performing early-stage investors.The firm emphasizes providing tailored support and resources to early-stage founders beyond just capital. This includes assistance with critical early milestones like initial hires and securing follow-on funding from global investors such such as Accel, Benchmark, and Sequoia. Project A’s investment thesis combines broad exploration of innovation with deep sector expertise in areas critical to Europe’s future, such as European Resilience, Fintech, Future of Autonomous Work, and Global Supply Chains.For innovators at the ideation phase, Project A’s collaborative Studio offers support for early activities, from idea validation to team development and market fit. Portfolio companies like 11x, ARX Robotics, and ENAPI utilized the Studio during their idea validation before securing pre-seed funding from Project A.Anton Waitz, General Partner at Project A, commented, “Our fundamental approach at Project A is to be an indispensable partner for founders from their earliest days. Through our focused pre-seed and seed strategy, plus our unique Studio model, we provide not just crucial initial investment but the practical operational resources and deep expertise necessary to navigate the initial complexities and build scalable, impactful businesses. We’re excited to partner with the next generation of exceptional European tech leaders through this new fund.”Fund V was raised in four months and was significantly oversubscribed, supported by a diverse mix of new and existing limited partners (LPs), including institutional investors, major family offices, and strategic partners from Europe and the US. Project A maintains established teams in Berlin and London. The firm is also strengthening its London office with the promotion of Jack Wang to Partner, who joins existing Partner Malin Posern in the growing UK team. With €1.2 billion in assets under management and a portfolio of 130 companies, Project A aims to continue unlocking European entrepreneurial talent.

Latest Posts