Project A
Project A is a Berlin-based venture capital firm that invests in early-stage European technology companies across B2B, deep-tech, defense, and climate verticals, providing capital and operational support to portfolio founders.
- Company typePrivate
- Founded1990
- HeadquartersAshland, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Project A does
Project A is a Berlin-based venture capital firm that invests in early-stage technology companies across Europe, with thematic focus areas spanning B2B commerce, deep-tech, defense technology, and climate technology. The firm provides capital, strategic guidance, and operational support to portfolio companies, targeting founders building AI-driven platforms, industrial trade solutions, defense systems, and climate innovations. Documented portfolio companies include Andercore (AI-driven industrial trade platform, Berlin), Stark (defense tech, $500M valuation), Spryker (B2B commerce platform), Project Q (Internet of Defence), Mimo (B2B payments, London), ARX Robotics (autonomous ground vehicles), ENAPI (EV charging connectivity), Hades Mining (geothermal drilling), and Factor2Energy, alongside secondaries exposure to Trade Republic.
The firm's business model follows standard venture capital economics — generating returns through equity appreciation of portfolio holdings, supplemented by management fees on committed capital and eventual carried interest on exits. Project A operates as both a direct investor (leading or co-leading rounds) and as a limited partner or co-investor in specialized thematic funds such as Underground Ventures (geothermal). Co-investors and co-leads across rounds include Atomico, Inven Capital, TCV, One Peak, Northzone, Seedcamp, Sequoia, and the NATO Innovation Fund, signaling access to top-tier European and transatlantic syndicates. The firm maintains an active investment cadence through early 2026.
Operationally, Project A demonstrates deeper involvement than a passive financial investor: partner Uwe Horstmann was appointed CEO of portfolio company Stark in October 2025, illustrating an operating-partner model that places firm personnel into portfolio leadership roles. The firm has not disclosed fund size, limited partner composition, AUM, or revenue, and there is no public information on its management fee structure or realized returns.
Project A firmographics
Firmographics- Name
- Project A
- Website
- https://projecta.com
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Project A is a Berlin-based venture capital firm that invests in early-stage European technology companies across B2B, deep-tech, defense, and climate verticals, providing capital and operational support to portfolio founders.
- Ownership category
- akta.pro rank
Project A industry classification
Industry- Product category
- IT Services
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Infrastructure & Project Finance Advisory (BPAHADAO)
Keywords
Where Project A is headquartered
LocationHeadquarters
- HQ city
- Ashland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Project A business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Project A product offering
Product offeringCore offering
Project A provides superior technology services to local, regional, and national clients. Founded in 1990 and headquartered in Ashland, United States, the firm operates with 11-50 employees delivering technology services across multiple client segments and geographic tiers.
Differentiator
Problem solved
Functional benefit
Companies that use Project A
Customer profileIdeal customer profiles1 record
Project A technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Project A partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
Project A competitors and assessment
Company assessmentDirect peers
- Atomico: London-based European venture capital firm investing in early-to-growth stage technology. Atomico is a direct peer in stage, geography, and sector focus, and is a co-investor with Project A in Andercore.
- Creandum: Pan-European early-stage venture capital firm headquartered in Stockholm. Creandum is a direct peer by stage and geography and co-invested with Project A in the Trade Republic secondaries sale.
- Northzone: European venture capital firm investing across stages from seed to growth. Northzone is a direct peer and co-invested with Project A in Mimo's $8.5M round.
- Earlybird: Berlin-based European venture capital firm investing across technology, with deep German roots. Earlybird is a direct peer by geography and stage and competes for many of the same Berlin-based deals.
- Index Ventures: European-headquartered venture capital firm investing from seed to growth. Index is a direct peer in stage and geography and competes for category-leading European tech rounds.
- Speedinvest: Vienna-based European early-stage venture capital firm with sector-focused funds. Speedinvest is a direct peer in stage and geography, particularly for B2B and fintech deals.
- Balderton Capital: London-based European venture capital firm investing from seed to Series A. Balderton is a direct peer by stage, geography, and focus on European technology founders.
- HV Capital: Munich/Berlin-based European venture capital firm. HV Capital is a direct peer by German geographic focus and early-to-growth stage investing in European technology.
Broad incumbents
- Sequoia Capital: Global venture capital firm with European operations. Sequoia is a broad incumbent that co-invested in Stark alongside Project A and operates at much larger scale across stages.
- Accel: Global venture capital firm with strong European presence. Accel is a broad incumbent in European tech investing with a wider stage range and larger fund size than Project A.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks4 records
Key highlights5 records
Customer concentration
Project A social profiles
Digital presenceProject A financial estimates
Financial estimateRevenue estimate
Valuation estimate
Project A leadership team
Management profileNumber of profiles
Profiles1 record
Project A funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Project A M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Project A
What does Project A do?
Project A provides superior technology services to local, regional, and national clients. Founded in 1990 and headquartered in Ashland, United States, the firm operates with 11-50 employees delivering technology services across multiple client segments and geographic tiers.
Is Project A a public or private company?
Project A is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Project A founded?
Project A was founded in 1990. It employs 11 to 50 people.
Where is Project A based?
Project A is headquartered in Ashland, United States, in the North America region.
Who are Project A's main competitors?
Direct peers on record are Atomico, Creandum, Northzone, Earlybird, Index Ventures, Speedinvest, Balderton Capital and HV Capital. Broad incumbents are Sequoia Capital and Accel.
Does Project A have an API?
No public API is recorded for Project A.
What industry is Project A in?
Project A's product category is IT Services. Its primary akta.pro industry code is BPAHADAO, Infrastructure & Project Finance Advisory. Its SIC code is 8742.