Project A Targets $315.2M with Fourth Early-stage Euro Tech Fund

Project A Ventures launched its fourth early-stage venture fund and a related feeder in an effort to raise the euro equivalent of $315.2M, according to separate filings with the SEC.

The firm filed for Germany-based Project A Ventures V and Luxembourg-based Project A Ventures V International Feeder. The sale of interest in both funds is yet to occur and is not planned to exceed a year.

Project A made a $375M close on its fourth fund in June 2022, targeting early-stage investments in fintech, commerce, enterprise software, data infrastructure, supply chain, and climate tech companies. According to its website, Project A has supported more than 120 digital companies across 15 industries and 12 countries.

Written By: Dakota

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Project A Targets $315.2M with Fourth Early-stage Euro Tech Fund

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