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Business Wire
14 hours ago
- Business
- Business Wire
Project A Launches €325 Million Fund to Fuel Europe's Earliest-stage Tech Right From Idea Stage
BERLIN & LONDON--(BUSINESS WIRE)--Project A, one of Europe's leading technology venture capital firms, today announces the successful close of its oversubscribed €325 million Fund V, increasing its total assets under management to €1.2 billion. This fund will further Project A's core mission: to be the trusted partner for Europe's most ambitious entrepreneurs during the critical pre-seed and seed stages, and even earlier at the idea stage through its Studio platform. 'Our conviction in the transformative power of European entrepreneurship is stronger than ever,' said Malin Posern, Partner at Project A. 'Europe is poised to cultivate the next generation of globally significant companies, and this new Fund underscores our deep commitment to being a pivotal partner for these ambitious founders, offering both the essential capital and the deep operational understanding required to navigate their foundational journey.' Building champions: A proven track record Since 2012, Project A's team of seasoned operators has established a leading track record in European early-stage investing success. Project A has consistently produced unicorns across all funds, with notable companies including Trade Republic, sennder, Zepz plus the most recently announced unicorn, Quantum Systems. This consistent ability to nurture high-growth potential from the earliest stages has positioned Project A among Europe's top-performing early-stage investors. Deep, specialist support at pre-seed and seed stages Recognising that Europe's innovation ecosystem demands more than just capital for early-stage founders, Project A's dedicated pre-seed and seed focus delivers tailored support and resources precisely when they're most impactful. This includes: Dedicated early-stage commitment: Project A's strengths lie in helping founders achieve their most pivotal early milestones, from crucial first hires to raising top-tier follow-on funding from leading global investors like Accel, Benchmark, Sequoia. Generalist attitude meets specialist depth: Project A's thesis uniquely combines breadth and depth – exploring the full scope of innovation while building expertise where it matters most. This keeps the fund focused, forward-looking and primed to spot and support generational companies with dynamic conviction. Deep sector expertise: This conviction and depth means Project A's partners are domain experts in the sectors shaping Europe's future: currently European Resilience, Fintech, Future of Autonomous Work, and Global Supply Chains. The Project A Studio: For innovators who are still working on their ideas, Project A's collaborative Studio offers support for the very earliest activities, from idea validation, to team development, and early market fit. Portfolio companies like 11x, ARX Robotics and ENAPI leveraged the Studio during idea validation and went on to raise pre-seed from Project A. "Our fundamental approach at Project A is to be an indispensable partner for founders from their earliest days," emphasised Anton Waitz, General Partner at Project A. "Through our focused pre-seed and seed strategy, plus our unique Studio model, we provide not just crucial initial investment but the practical operational resources and deep expertise necessary to navigate the initial complexities and build scalable, impactful businesses. We're excited to partner with the next generation of exceptional European tech leaders through this new fund." Momentum from long-term believers As a testament to the strength of Project A's reputation, track record and dynamic thesis, Fund V was significantly oversubscribed and raised at speed, in just four months. The fund was also backed by a diverse mix of new and existing LPs including long-standing institutional investors, major family offices, and strategic partners from across Europe and the US – many of whom have participated in multiple Project A funds. With this continued support, established teams in Berlin and London, the new €325 million (£278m) Fund V, and a portfolio of 130 ambitious companies, Project A is well-primed to unlock the next generation of European entrepreneurial talent. The firm is also strengthening its London office with the promotion of Jack Wang to Partner who joins existing Partner Malin Posern in Project A's growing UK team. ENDS About Project A Project A is a leading European early-stage investor, with €1.2 billion in assets under management and a track record of committing to ambitious founders from idea to scale — and beyond. The firm focuses on pre-seed and seed, bringing clarity, conviction, and founder-aligned capital to the earliest and most critical stages of company-building. Project A supports teams building across themes shaping Europe's future, including Fintech, European Resilience, Global Supply Chains, and the Future of Autonomous Work. Its portfolio includes category leaders such as Trade Republic, Sennder, Zepz, and Quantum Systems. Alongside its core early-stage strategy, Project A also operates the Studio, a founder-led space for early-stage exploration, where the firm collaborates from day zero to help exceptional entrepreneurs shape and validate bold ideas, partnering with ventures like 11x, ARX Robotics, and Enapi. Learn more:
Yahoo
7 days ago
- Business
- Yahoo
Post Oak Closes $764MM Fund Focused on Permian, Utica, Haynesville
Post Oak Energy Capital has closed its new fund, Post Oak Energy Partners V LP (Fund V), with capital commitments totaling $600 million. In all, the firm raised a total of $764 million for the strategy, including a co-investment vehicle, from a combination of legacy and new investors. Fund V, like Post Oak's four predecessor funds, will focus on the lower middle market segment of the North American upstream oil and gas industry. It has made commitments to five portfolio companies, with capital deployed in the Permian Basin and Utica and Haynesville shales. RELATED The Private Equity Puzzle: Rebuilding Portfolios After M&A Craze The fund has partnered with experienced management teams to provide equity capital for 'growth, development, acquisitions and recapitalizations.' 'One of these investments involves a substantial minerals and royalty position that generates significant current yield and offers a strong growth profile in the core of the Permian Basin,' Post Oak said in a July 17 press release. 'We are pleased to announce the closing of Fund V, supported by a combination of legacy and new investors, all of whom we are honored to call partners,' said Frost Cochran, managing director of Post Oak. 'We have captured exceptional opportunities in our lower middle market niche, and our investment team is actively sourcing additional portfolio investments to drive the consistent fund level performance our investors expect from Post Oak.' Since inception, the Post Oak funds have collectively invested in more than 30 portfolio companies and raised approximately $3 billion in capital across managed funds and related vehicles. Willkie Farr & Gallagher LLP acted as legal counsel to Post Oak Energy Capital. Capstone Partners, a Mizuho company, served as a placement agent for the final close of Fund V. Sign in to access your portfolio
Yahoo
02-06-2025
- Automotive
- Yahoo
Ecobat Completes Sale of European Battery Distribution Business to Endless LLP
DALLAS, June 2, 2025 /PRNewswire/ -- Ecobat, a global leader in battery recycling, today announced the successful completion of the sale of its European battery distribution business to Endless LLP, a UK-based private equity firm. The battery distribution division has been a meaningful part of Ecobat's European portfolio, supplying a comprehensive range of batteries for various applications, including automotive, commercial vehicles, marine, leisure, and industrial uses. The distribution business has been instrumental in delivering high-quality energy storage solutions across Europe, featuring renowned brands such as Lucas, Exide, Varta, and Rolls. "We are pleased to announce the completion of the European battery distribution sale to Endless," said Tom Slabe, Ecobat President & CEO. "This transaction marks another step in our strategy to divest non-core assets and sharpen our focus on our core mission of sustainable battery recycling. Ecobat will continue to explore additional opportunities to maximize value for shareholders beyond the sale of the battery distribution division." Mr. Slabe added, "We are confident that Endless's experience and strategic approach will support the ongoing success of the battery distribution business for our employees, customers, and suppliers." Rothschild & Co acted as financial advisor and White & Case acted as legal advisor to Ecobat on the transaction. About Ecobat Ecobat is the world's largest recycler of batteries, with operations across Europe and the United States. The company is dedicated to creating a more sustainable future by providing innovative solutions for battery recycling, resource recovery, and energy storage. Ecobat's comprehensive approach ensures the responsible management of valuable materials essential to modern life. About Endless LLP Endless is a UK-based private equity firm, established 20 years ago, with a strong track record of investing in businesses to support management teams in realising their strategic goals. Currently investing its £400 million Fund V, Endless supports buyouts and non-core acquisitions from larger groups. With offices in London, Leeds, and Manchester, the firm specialises in driving transformation, enabling growth and executing strategic carve-outs, aiming to create sustainable, long-term value. For media inquiries, please contact: Chelsey BerendEcobatPress@ ext. 703 View original content to download multimedia: SOURCE Ecobat Sign in to access your portfolio
Yahoo
27-05-2025
- Business
- Yahoo
Mesirow raises $1.2B for value-add apartments
This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Sponsor: Mesirow Institutional Real Estate Direct Investor commitments: $1.245 billion Target: Value-add apartments Target markets: Top 30 U.S. markets Last week, Mesirow Institutional Real Estate Direct announced the final closing of the Mesirow Financial Real Estate Value Fund V after securing $1.245 billion in investor commitments, according to a news release. The Chicago-based financial services firm established the fund's hard cap to maintain portfolio diversification and ensure disciplined investment pacing. Fund V will target value-add multifamily assets across the top 25 to 30 U.S. markets, focusing on building asset appreciation through revenue enhancement, cost optimization and property management. 'With Fund V, we remain focused on multifamily assets in select major U.S. metropolitan markets, building on a platform with more than $8.5 billion in assets under management,' said Mesirow Institutional Real Estate Direct CEO Alasdair Cripps in the news release. Mesirow is attracted to the multifamily sector's long-term fundamentals, including durable rent profiles, inflation protection and inelastic demand. 'Fund V will continue our focus on repositioning underperforming class A multifamily assets, acquired at discounts to replacement cost, in high-growth markets where barriers to entry reduce the risk of oversupply,' Cripps said. Other large firms have also announced major fundraising plans for value-add apartments this year. For instance, Fairfield held its final close in February for its U.S. Multifamily Value Add Fund IV LP with $1.47 billion of equity commitments, including $350 million of co-investment equity, exceeding its $1 billion target, according to a news release. The San Diego-based owner, developer and operator will focus on acquiring value-add multifamily assets in more than 30 major metros nationwide with the vehicle, which is its largest to date. As of February, it had deployed approximately $385 million of equity in 16 assets. Click here to sign up to receive multifamily and apartment news like this article in your inbox every weekday. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
