Profile: Project A — German VC Fund

AIN.TECH conducted a series of interviews with the most active German VC funds. It is aimed to give the startups full information about the ecosystem of the country, as well as to make it easier for them to find the appropriate fund for further cooperation.

This time we prepared a short article about Project A VC fund. 

Project A-1

When the fund was launched?

Project A was launched in 2012. We have over $500 million of assets under management.

What is your investment focus?

We focus on digital business models in sectors such as digital health, fintech, logistics, eCommerce, proptech and many more.

What is the average investment amount?

We start with Seed and Series A investments of $1M to $8M. To ensure continuous support we reserve up to $17M for future rounds.

How many deals does the fund make per year?

We do around 10-15 deals per year.

Does the fund invest only in startups from Germany or in foreign projects too?

We invest mainly in European projects. We have backed 60+ digital companies across 14 industries and 12 countries so far.

What does the fund offer except the investment?

We combine capital with operational support so that founders get exactly what they need. Project A is an operational VC with over 100+ in-house experts who support our ventures in all areas such as software engineering, product, marketing, business intelligence, design, recruiting, communications, organization building and business development.