Project A Ventures is opening its first international office in London.
The European early-stage venture firm is headquartered in Berlin and its London office is headed by an investment team including Principals Sam Cash, Jack Wang, and Associate Luc de Leyritz, supported by Leopold Lerach and Francesca Baillieu from Berlin.
Uwe Horstmann, General Partner at Project A Ventures, comments: “The UK has always been one of the world’s major technology hubs, and commands a significant portion of both capital and talent. We fully expect to see this trend continue, with talented employees coming out of large companies in increasing numbers, to embark on their own start-ups, supported by an abundance of venture capital in the market.”
Sam Cash, Principal at Project A Ventures, “We’re expanding our presence in London for a few reasons. We want to give founders all the benefits of having a local partner, whilst allowing them to work with our operational team. London has been fertile ground for us in terms of our existing partnerships, the density of tech talent and the opportunity cost is now too great for global firms not to be here.”
Project A currently has $600 million under management investing across consumer, marketplaces, SaaS, deeptech, fintech / insurtech, mobility and gaming. Furthermore, Project A has already been backing amazing U.K. founders over the past years including WorldRemit, Unmind, Electric Gamebox, Quix, Wonderbly as well as a number of unannounced companies.