VC Firm Project A Raises €325 Million Fund for European Startups
Partner and managing director for UK, Project A Malin Posern
Source: Project AProject A, a German venture capital firm that has placed early bets on defense startups, raised a €325 million ($373 million) fund to back European companies.
The new fund, the firm’s fifth and largest, will focus on defense technologies as well as fintech, artificial intelligence and supply chain software, partner Malin Posern said in an interview. Project A plans to back early-stage startups, writing checks between €1 million and €8 million.