European venture capital firm Project A has announced the close of its oversubscribed €325 million Fund V, bringing total assets under management to €1.2 billion. The new capital will deepen Project A’s support for founders at the pre-seed, seed, and idea stages, with a strong emphasis on AI, fintech, supply chains, and automation.
Malin Posern, Partner at Project A, believes Project A’s conviction in Europe’s potential has never been stronger. The firm will continue leveraging its Studio model and operational expertise to back breakthrough ventures early, with companies like Quantum Systems, sennder, and Trade Republic already in its portfolio. The fund was closed in four months with participation from leading global LPs.