Project A Ventures is a Berlin-based early-stage venture capital firm founded in 2012, investing in European tech startups from pre-seed and seed stages. The firm combines financial investment with operational support through its in-house studio model, focusing on areas such as fintech, defense, AI, and supply chain. Its fifth fund, closed in June 2025, raised €325 million ($373 million), bringing total assets under management to €1.2 billion.
Deal activity decreased year-over-year (3 deals in the last 12 months vs 20 prior). Average disclosed round size is $66.2M (across 83 rounds with reported amounts).
Portfolio
94
Fund Size
$373M
Top Stage
Seed
Last 12 Mo
3
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
173 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| NNexcade | Seed | $6M | Jul 2026 |
 Stark | Unknown | — | Jun 2026 |
 Andercore | Series B | $40M | Feb 2026 |
| SStark Defence | Series A | $500M | Jan 2026 |
 STARK | Unknown | $500M | Jan 2026 |
| SStark Defence | Series C | — | Jan 2026 |
| SStark Defence | Series B | $648M | Jan 2026 |
 Project Q | Seed | — | Jan 2026 |
| RRiva Money | Pre-Seed | — | Aug 2025 |
 Riva | Pre-Seed | $3M | Aug 2025 |
 Unmind | Series C | $30.6M | Jul 2025 |
| Project Q | Series A | — | Jul 2025 |
 Knowunity | Series B | — | Jun 2025 |
 Baobab | Series A | — | Jun 2025 |
 Labrys | Unknown | — | Jun 2025 |
 Atmen | Seed | — | Jun 2025 |
| Atmen | Seed | — | May 2025 |
 Quantum-Systems | Series C | — | May 2025 |
 Rematiq | Seed | — | Apr 2025 |
 Mimo | Series A | $7.7M | Mar 2025 |
 Relay | Series A | $35M | Feb 2025 |
 Metycle | Series A | — | Feb 2025 |
 ENAPI | Seed | — | Jan 2025 |
 Mimo | Seed | $8.5M | Jan 2025 |
 Nettle | Pre-Seed | — | Jan 2025 |
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Top Co-Investors
Creandum16 shared
Accel11 shared
Index Ventures9 shared
Founders Fund7 shared
Sequoia Capital7 shared
Balderton Capital7 shared
Notion Capital7 shared
Vsquared Ventures7 shared
Felix Capital6 shared
SV Angel6 shared
HV Capital6 shared
Picus Capital5 shared
Seedcamp5 shared
HelloWorld5 shared
Discovery Ventures5 shared
Atlantic Labs5 shared
Thiel Capital5 shared
Omnes Capital5 shared
TCV4 shared
Benchmark4 shared
Last updated: 27 September 2026