Fund profile / Germany

Project A Fund V

Geography: Germany
Stage: Pre-Seed
Fund size: €325M
Focus: AI/ML, Enterprise Software, Mobility & Transport and SaaS
Signals: Published

N°01 / About

About Project A Fund V

Project A Fund V is a venture capital firm based in Germany, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, Mobility Transport, Enterprise Software, SaaS, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionGermany

Funding StagePre-Seed

Industry Focus

AI/ML

Enterprise Software

Mobility & Transport

SaaS

Investor Signals Profile

active

Sweet Spot

Pre-seed/seed EU founder building deep-tech defense innovation

early-stage EU

pre-seed & seed

fintech

defense & sovereignty

autonomous work

global supply chains

dual-use tech

NATO DIANA

Bullish Signals

130+ portfolio cos since 2012external

Trade Republic decacorn €12.5bn valuationexternal

Quantum Systems €3bn valuation Dec 2025external

Heinemann on Forbes Midas List Europe 2025external

Pre-investment Studio platform for foundersexternal

Andercore $40m Series B backed Feb 2026external

Portfolio spans 11x, Sennder, Kry, Navanexternal

Backs London-to-SF category creators (11x)website

Deep domain + generalist platform combowebsite

€1.2B AUM, 140+ investments across vehiclesexternal

70% reduction in reporting timelines via opsexternal

Admitted to NATO DIANA Capital Networkexternal

32-nation Alliance investor in dual-use deep-techexternal

Contrarian Signals

High-touch operational support modelexternal

EU-focus limits global-first foundersexternal

Studio: no strings attached pre-funding explorationwebsite

Founder Do's

Show bold contrarian vision of tomorrow

Be building at pre-seed or seed

Operate in Europe or pan-EU market

Seek operational support, not just capital

Fit a defined venture theme

Build defense/dual-use tech for NATO alliance

Founder Don'ts

Don't come post-Series A

Don't expect passive investor

Don't pitch without clear thematic fit

26 signals on Project A Fund V

13 bullish · 3 contrarian · 6 pitch do's · 3 don'ts · 1 GP profile, each with its source. From €9/month, cancel anytime.

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Facts

Fund Overview

Fund Size€325M

Saves0

Website

People

Key People

Florian Heinemann, Thies Sander, Rainer Berak

Florian HeinemannFounding Partner

Backers

Known LPs

KfW CapitalPublic / State institution

N°04 / See also

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