Project A launches 325 million euro fund

Berlin-based venture capitalist Project A has announced the closing of its fifth fund with a volume of 325 million euros. The fund is oversubscribed and was closed within four months. The new capital brings the investor's total assets under management to 1.2 billion euros.

Strong focus on pre-seed and seed

With the new fund, Project A continues to position itself as a strong partner for early-stage European start-ups. The investment strategy focuses on pre-seed and seed investments in tech companies and is complemented by the company's own studio model. This supports start-ups in idea validation, team building and market entry even before they are founded.

Europe is ready to create the next generation of globally relevant companies. With the new fund, we are reaffirming our commitment to being a reliable partner to these ambitious founders - with the necessary capital and in-depth operational expertise to make the crucial first steps a success.

Malin Posern, Partner at Project A

Operational support as a trademark

In addition to capital, Project A brings an experienced team of operators to the collaboration. Their support ranges from recruiting key roles to preparing for subsequent financing rounds. Former portfolio companies such as Trade Republic, sennder, Zepz and Quantum Systems have developed into internationally renowned scale-ups and unicorns.

Our fundamental aspiration at Project A is to be an indispensable partner for founders from day one.

Anton Waitz, General Partner at Project A

As recently as June 2025, we reported on the VC's involvement in a 26 million Series B for Knowunity.

Investment strategy with a clear focus

The fund invests thematically broadly, but with clear expertise in four key areas: European resilience, fintech, autonomous work and global supply chains. The studio model has already proven itself with several start-ups such as 11x, ARX Robotics and ENAPI.

The new fund is supported by a diverse base of institutional investors, family offices and strategic partners from Europe and the USA. Many of them have already been on board for several funds. The offices in Berlin and London are to be further strengthened. In this context, Jack Wang has been promoted to partner and will work with Malin Posern to further develop the UK office.