Project A Unveils £278m Fund and Promotes Wang to Partner

Venture capital firm Project A has successfully closed its oversubscribed Fund V with a total of £278 million, raising the firm's assets under management to £1 billion. The Berlin-based firm focuses on supporting Europe's most promising entrepreneurs at the pre-seed and seed stages, offering a unique blend of financial and operational resources through its Studio platform. Project A is simultaneously reinforcing its London office by promoting Jack Wang to partner, joining Malin Posern. Emphasizing its strong conviction in the potential of European entrepreneurship, Project A has an impressive portfolio comprising 130 companies, with multiple unicorns such as Trade Republic and Zepz. The fund underscores Project A's commitment to cultivating the next generation of significant global businesses and further expands its capacity to act as a strategic partner to founders. General partner Anton Waitz reaffirms the firm's strategy of providing indispensable support, positioning them as a crucial partner for early-stage entrepreneurs.