2022年6月15日

10年前在柏林發起的項目A項目，當時少數一位前高空互聯網玩家決定在這家初創公司嚐試自己的手。從那以後，他們做得很好，早期投資於一些最大的歐洲科技公司，例如貿易共和國，克裏，塞恩德，世界列表，Spryker和VOI。風險投資公司現已以3.75億美元的價格收盤，迄今為止最大的基金，該基金將公司的總資產達到10億美元。從預種子到A係列的投資，項目A遍布B2C和B2B，包括金融科技，商業，企業軟件，數據基礎架構，供應鏈和氣候技術。項目A項目A的普通合夥人兼聯合創始人Uwe Horstmann在一份聲明中說：“我們的第四基金的關閉是我們公司曆史上的一個主要裏程碑，因為它標誌著項目成立10周年，這是歐洲各地成功的支持創始人……我們……我們繼續擴展我們的運營風險投資模型，以使我們的職能專家直接支持我們的投資組合公司擴展其業務和技術。”他說，這種“運營VC”模型包括140多位支持其投資組合公司的職能專家。Project A also announced that it plans to expand its private equity co-investment practice, and will invest up to $80m in Private Equity deals, at the ‘growth’ end of the market, after it built a portfolio of 11 private equity co-investments. Regarding the impending economic downturn, I asked Horstmann what the feeling was amongst Project A’s LP backers: “It varies between investors of course, but I’d say most of our investors were expecting this at some point. The big institutional investors from e.g. the US are also somewhat experienced in that – they’ve been around for quite a while. We share a view that we need to prepare our portfolio for a potential rough time ahead in terms of funding environment, but it’s actually a great time to do new investments: The fundamental positive trend in the European ecosystem is intact, and we do investments with a 6-10 year time period in mind anyway.” I also asked what new directions the fund would take: “We’ll continue to operate two strategies: a) early stage venture (pre-seed to Series A) and b) private equity co-investments. Both strategies are based on the 140+ full time operational expert team that we run — which to our knowledge is unique in Europe. While we could have made this fund much larger, we felt this size is the right one for us, as it allows us to build an exciting portfolio all over Europe and across different industries and verticals — all while allowing to invest even more per company,” he said.