$4.8M
MTech led the oversubscribed financing round, with participation from Project A Ventures and several other backers.
"The third thing that insurers are really interested in is prevention and also customer retention,"
PA
Project A
Venture CapitalProject A is a European early-stage venture capital firm that invests in technology companies.
Portfolio
16
companies
AUM
£1.2B
under management
Investment by month
By category
- AI/ML£48.2M
- HealthTech£33.2M
- GameTech£18.2M
- Blockchain£16.9M
- FinTech£10.1M
- Other£19.8M
By location
- London£143M
- New York£3.9M
Portfolio companies
11X
11X develops autonomous AI digital workers to automate business operations.
AA
Architect AI
Architect AI builds an agentic website platform that transforms static pages into self-learning systems.
Claimer
Claimer builds financial infrastructure to help technology companies access government incentives.
EG
Electric Gamebox
Electric Gamebox provides immersive group gaming experiences in interactive digital rooms.
Electronic Theatre
Electronic Theatre provides immersive group entertainment inside interactive digital rooms.
Labrys
Labrys develops military-grade command and control software for managing dispersed teams on the frontline.
View all 16 companiesShow fewer
LT
Labrys Technologies
Labrys Technologies develops secure command and control software for defence and commercial operations.
M
Mimo
Mimo simplifies global payments and cash flow management for small businesses.
NG
Netspeak Games
Netspeak Games develops remote-first multiplayer titles designed to foster community and creativity.
N
Nettle
Artificial intelligence platform automating risk assessment and inspection workflows for commercial insurers.
Quix
Quix provides a streaming analytics platform for developers working with live data.
R
Relay
Relay provides an AI-powered delivery platform designed to modernise last-mile logistics for online retailers.
RM
Riva Money
Riva Money builds modern infrastructure for international business payments.
T
Twig
Twig deploys artificial intelligence and robotics to create sustainable ingredients for everyday products.
Unmind
Unmind provides a digital workplace mental health platform for global organisations.
Valve
Valve provides the global industry system and distribution infrastructure for flexible workspaces.
Team
FH
Florian Heinemann
Partner
Florian serves as founding partner at Project A, following a tenure as managing director at Rocket Internet. He also holds board and supervisory positions across multiple companies.
LinkedIn
Sam Cash
Partner
AW
Anton Waitz
General Partner
Anton is a General Partner at Project A. He previously served as Managing Director at Axel Springer Digital Ventures.
LinkedInMP
Malin Posern
Partner
Philipp Werner
Partner
Philipp is a partner at Project A and holds investor and board roles at several companies, including Nexcade and opus.
LinkedInRecent investments
£3.5M
Project A led the seed round for the London-based startup to fuel product development and international expansion.
"We call it giving your website a brain. Because that’s literally what we’re doing. And once you see a website that can think, you can’t go back to one that can’t."
£2.2M
The pre-seed round was led by Project A with backing from angel investors across major fintech firms.
"With stablecoin adoption accelerating and regulatory frameworks maturing globally, the time is right for an infrastructure rethink. Riva’s dual-rail system for businesses elegantly solves for both speed and flexibility in a market that’s still reliant on legacy processes. Niklas and Mahendra’s deep expertise in payments and financial markets positions Riva perfectly to build the next generation of payment services."
£14.7M
The funding will support engineering growth and artificial intelligence development as global demand for secure operational tools increases.
"Being unable to verify if a person can be trusted, if a task has been completed or work out how to pay them has been preventing successful humanitarian, aid and military missions for too long. Yet solving the issues has historically been considered too complex and too difficult, leaving organisations stuck using disparate and insecure platforms. We created Labrys to solve these tough workforce and team coordination problems in logistics, risk and humanitarian crisis response and we’ve built a talented team to tackle the hardest technical problems in this space. We’re delighted to be backed by investors who understand this mission and want to build the future of trusted infrastructure right alongside us."
£1.5M
The pre-seed round was led by Project A to help scale the core engineering team.
"AI has moved beyond hype – it’s delivering incredible efficiencies and transforming how companies use unstructured data at scale."