Project A
Julie-Wolfthorn-Str. 1, Berlin, 10115, Germany
Overview
Project A is an early-stage venture capital firm, combining financial and operational support for technology companies. In addition to $1bn in assets under management, Project A provides its portfolio companies with a wide range of operational support services. This includes more than 100 experts from key areas such as software engineering, business intelligence, marketing, and recruiting. The portfolio includes companies such as Trade Republic, sennder, KRY, Catawiki, WorldRemit, Spryker, and Voi.
- Total investments
- 142
- Lead investments
- 57
- Investments · 12mo
- 8
- Active investors
- 14
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Stark Defence
Participated · Equity · Jun 2026
Stark Defence develops weaponised drones and positions itself as a defence technology provider focused on scaling European sovereign capabilities. The company plans to expand electronic warfare research facilities and increase production capacity following its recent financing. In its €500 million raise at a €3.5 billion valuation, more than 80% of proceeds are earmarked for R&D and manufacturing. The startup was founded in 2024 and is backed by investors including Sequoia, Founders Fund, the NATO Innovation Fund and Peter Thiel. Stark says the funding will accelerate development of sovereign defence technologies and scale its engineering and factory footprint. It has emerged as a notable example of increased European defence tech investment.
- Linexa
Led · Seed · Apr 2026
Founded in late 2025 and based in Munich, Linexa is developing an AI platform that decodes legacy industrial control systems across vendors and translates operational logic into a unified data model. The company operates directly at the level of machine control systems rather than focusing on business-process or sensor layers, aiming to give manufacturers comprehensive visibility into production environments. Linexa's platform is designed to enable autonomous monitoring and optimisation of production lines and to reduce risks and changeover times when switching processes or products. The startup positions its solution as a tool to help manufacturers modernise operations, improve resilience, and address fragmentation caused by decades of heterogeneous control systems. With the €2 million pre-seed round led by Project A and angel participation, Linexa plans to further develop its technology and expand support for manufacturers. The articles do not provide financial metrics such as revenue or user counts.
- Casavo
Participated · Equity · Apr 2026
Casavo operates a technology-driven real estate platform known for its Instant/Immediate Offer service that enables rapid home sales, and it combines proprietary technology with a direct network of agents. The company already operates in multiple European markets, including Italy and France, and currently has a network of around 200 agents. Casavo is pursuing both organic growth and roll-up acquisitions to expand its geographic reach, exemplified by its acquisition of Casando Agency, which adds over 60 agents in top Italian cities. Management plans to double the agent network to more than 400 and enter 20 new urban areas by 2026 as part of a broader 2026–2030 plan. The Immediate Offer service will be revamped in 2025 to generate returns for property investors, and Casavo targets revenues of over €50 million by 2030. The recent capital increase of over €12 million is intended to support these expansion and product initiatives.
- Andercore
Participated · Series B · Feb 2026
Andercore builds an artificial-intelligence powered marketplace that streamlines cross-border procurement for infrastructure, energy, and building-materials companies. Its proprietary platform automates pricing, quoting, quality assurance, distribution logistics, and embedded finance, giving industrial buyers faster execution and more transparent pricing while enabling suppliers to reach new markets. The company currently serves customers across Europe from offices in Germany, India, and China. Led by founder and CEO Philipp Andernach, Andercore is investing heavily in its AI stack with the goal of letting suppliers eventually sell directly through the system. The new capital will also fund geographic expansion and deeper category coverage. Since launch, the firm has attracted $75 million in total funding from leading European investors.
- Hades Mining
Participated · Seed · Feb 2026
Hades Mining is building a technology-driven resources company centered on its IPL Cerberus laser drilling system. The team includes experts in photonics and aims to make the economic extraction of critical minerals in Europe viable. Initial operational focus is on copper and palladium to support the energy transition, while the company cites geothermal resource development as a longer-term objective. The founder and CEO, Dr. Max Werner, brings experience from military service, strategy consulting at KPMG, drone development at Wecorp Industries, and strategy leadership at AI defense firm Adarga. The company positions itself within the Deep-Tech scene and seeks to reduce European dependence on foreign critical-raw-material supply.