Project A Ventures V
Project A Ventures V last closed a fund in December 2024 — 23 months ago. By its own rhythm, that is past halfway to the next one.
Project A Ventures V has raised 3 times about every 35 months. The last was Project A Ventures V GmbH & Co. KG. That points to Nov 2027.
Historically about 1 in 8 firms this early in their cycle filed within a year. The month is approximate — how often this is right.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
- Funds on file
- 3
- Capital raised
- $476M
- Latest close
- December 2024
- Based in
- non-US
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Project A Ventures V GmbH & Co. KG | December 2024 | $315M | 0002048216 ↗ |
| Project A Opportunity II GmbH & Co. KG | December 2020 | $55M | 0001837937 ↗ |
| Project A Ventures III GmbH & Co. KG | February 2019 | $106M | 0001769632 ↗ |
Dated from filing date; no date of first sale was reported.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Anton Waitz, Florian Heinemann, Thies Sander, Uwe Horstmann, Benjamin Fischer
What Project A Ventures V invests in
- Typical fund
- $106M median, early stage, Series A-B scale
- Website
- project-a.com
Service providers
- Fund administrator
- None reported — the adviser answered “no administrator” for 2 of 2 funds
- Auditor
- KPMG (2 funds)
From Form ADV filed by PROJECT A VENTURES MANAGEMENT GMBH CRD 319556 ↗, latest filing March 2026, covering 2 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.