Project A

Project A Ventures GmbH & Co. KG is a Berlin-based venture capital firm founded in 2012, focusing on early-stage investments, particularly in the seed and series A stages. With assets under management amounting to €440 million, the firm specializes in investing in digital companies across various sectors, including e-commerce, fintech, digital health, proptech, and software as a service. Project A not only provides financial support, typically ranging from $1 million to $8 million in initial investments, but also offers extensive operational assistance through a team of over 100 experts in areas such as software engineering, marketing, and business intelligence. The firm has a diverse portfolio that includes notable companies like Catawiki, WorldRemit, and Trade Republic. Project A primarily operates in Europe and Latin America and maintains additional offices in London and Stockholm.

Francesca Baillieu

Associate

Mila Cramer

Investment Manager

Sharanya Eswaran

Associate

Leopold Lerach

Investor

Luc de Leyritz

Investment Associate

Anton Waitz

General Partner and Managing Director

Jack Wang

Principal

Past deals in Recapitalization

Trade Republic

Series C in 2022
Trade Republic Bank GmbH, based in Berlin, Germany, operates as a mobile-only broker that offers commission-free trading services. Established in 2015, the company aims to make investing accessible and straightforward for a new generation of traders. Its platform allows users to engage in trading across various financial instruments, including stocks, derivatives, and options, through an intuitive and fast mobile application. By focusing on a seamless user experience, Trade Republic seeks to democratize access to capital markets and empower individuals to manage their investments effectively.

re:cap

Seed Round in 2022
re:cap is a digital marketplace designed to provide innovative financing solutions for companies in the subscription economy. By allowing businesses to trade a portion of their recurring revenue streams for upfront capital, re:cap offers a straightforward alternative to traditional funding methods. This approach eliminates concerns related to equity dilution and high-interest debt, enabling companies to access timely financing without the complexities typically associated with lending processes. The platform facilitates the sale of future revenues for a fixed period, thereby empowering subscription-based companies to secure non-dilutive capital on demand.

re:cap

Seed Round in 2021
re:cap is a digital marketplace designed to provide innovative financing solutions for companies in the subscription economy. By allowing businesses to trade a portion of their recurring revenue streams for upfront capital, re:cap offers a straightforward alternative to traditional funding methods. This approach eliminates concerns related to equity dilution and high-interest debt, enabling companies to access timely financing without the complexities typically associated with lending processes. The platform facilitates the sale of future revenues for a fixed period, thereby empowering subscription-based companies to secure non-dilutive capital on demand.

Trade Republic

Series C in 2021
Trade Republic Bank GmbH, based in Berlin, Germany, operates as a mobile-only broker that offers commission-free trading services. Established in 2015, the company aims to make investing accessible and straightforward for a new generation of traders. Its platform allows users to engage in trading across various financial instruments, including stocks, derivatives, and options, through an intuitive and fast mobile application. By focusing on a seamless user experience, Trade Republic seeks to democratize access to capital markets and empower individuals to manage their investments effectively.

Trade Republic

Series B in 2020
Trade Republic Bank GmbH, based in Berlin, Germany, operates as a mobile-only broker that offers commission-free trading services. Established in 2015, the company aims to make investing accessible and straightforward for a new generation of traders. Its platform allows users to engage in trading across various financial instruments, including stocks, derivatives, and options, through an intuitive and fast mobile application. By focusing on a seamless user experience, Trade Republic seeks to democratize access to capital markets and empower individuals to manage their investments effectively.

Trade Republic

Series A in 2019
Trade Republic Bank GmbH, based in Berlin, Germany, operates as a mobile-only broker that offers commission-free trading services. Established in 2015, the company aims to make investing accessible and straightforward for a new generation of traders. Its platform allows users to engage in trading across various financial instruments, including stocks, derivatives, and options, through an intuitive and fast mobile application. By focusing on a seamless user experience, Trade Republic seeks to democratize access to capital markets and empower individuals to manage their investments effectively.

CARL

Seed Round in 2019
Carl allows small and medium-sized companies and their advisors to find an acquirer or investor. Through a managed marketplace-approach, it enables a confidential channel to approach new investors and transact efficiently, easily and expand the reach in M&A processes. On the other hand, it allows investors to substantially increase relevant deal flow and access opportunities, they otherwise would have missed. Furthermore, dedicated software allows for an efficient administration and processing of M&A deals. Carl caters to firms with revenues between $1M to $100M and is based in Berlin, Germany.
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