DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Firms / P•••••• a•
P•••••• a•
P•••••• A• is the early-stage VC for entrepreneurs building the next generation of European icons. Since 2012, we’ve partnered with 130+ founding teams at the earliest and most decisive stages.
name or self-description says seed
Importance
53
elevated
Active deployment
30
moderate
Emerging
0
low
Completeness
75
high
Freshness
99
high
Research priority
14
low
Identity and regulatory footprint
- Headquarters
- Berlin, Berlin, Germanyadviserinfo.sec.gov
- Office address
- JULIE-WOLFTHORN STRAßE 1, Berlin, Berlin, 10115adviserinfo.sec.gov
- Business phone
- +49 1525 369 11 97adviserinfo.sec.gov
- Website
- p••••••••.com
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 28, 2024
- Private funds reported
- 5 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $1.1Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- P••••••• H••••••• G••• (Shareholder), B; J•••••• V••••••• U• ••••••••• (Shareholder), B; A••••• G••• (Shareholder), B; F•••••• H•••••••• B••••••• • F• B••••••••• G••• (Shareholder), B; S••• B••••••••• U• ••••••••• (Shareholder), B
- business email
- info@project-a.vcproject-a.vcpublished by the subject
- business email
- ir@project-a.vcproject-a.vcpublished by the subject
- business email
- nemo@project-a.vcproject-a.vcpublished by the subject
- business email
- press@project-a.vcproject-a.vcpublished by the subject
- business phone
- +49 1525 369 11 97adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
113 observed deals
Stated (the firm’s website)
- Sectors
- ai, deep tech, hardware, robotics, defense, logistics, industrial, hrtech, quantum
- Stages
- pre seed, seed, series b, early
- Geography
- europe, global
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- seed
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 98%Other Technology 2%
lead rate 100%follow-on rate n/anew logos, 12 months 113
Funds and vehicles
6 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| P•••••• a• O••••••••• I• G••• • C•• K• | Opportunity fund | 2020 form d first sale | Mature | $57.4M Mar 28, 2024 | 25 | $54.6M of $66.8M | Jan 26, 2021 |
| P•••••• a• V••••••• I•• G••• • C•• K• | Fund | 2019 form d first sale | Mature | $489M Mar 28, 2024 | 76 | $106M of $225M | Mar 4, 2019 |
| P•••••• a• V••••••• I• G••• • C•• K• | Fund | unknown | Unknown | $310M Mar 28, 2024 | 152 | unknown | unknown |
| P•••••• a• V••••••• I• G••• • C•• K• | Fund | unknown | Unknown | $257M Mar 28, 2024 | 55 | unknown | unknown |
| P•••••• a• O••••••••• I•• G••• • C•• K• | Opportunity fund | unknown | Unknown | $14.3M Mar 28, 2024 | 1 | unknown | unknown |
| P•••••• A• V••••••• V• G••• • C•• K• | Fund | unknown | Unknown | unknown | unknown | $0 of $315M | Dec 13, 2024 |
| P•••••• a• V••••••• I• F••••• G••• • C•• K• | Feeder or parallel | unknown | Wound down | $24.1M Jan 6, 2023 | 2 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
12 current, 1 departed
A•••• W••••
General partnerGeneral Partner · since Nov 1, 2016
F•••••• H••••••••
General partnerGeneral Partner · since Nov 1, 2015
T•••• S•••••
General partnerGeneral Partner · since Nov 1, 2015
U•• H••••••••
General partnerGeneral Partner · since Nov 1, 2015
A•••• G••••••••
PartnerManaging Director · since Sep 1, 2023
A•••• G••••••••
PartnerManaging Director · since Sep 1, 2023
A•••• W••••
PartnerOwner · since Sep 1, 2016
F•••••• H••••••••
PartnerOwner · since Oct 1, 2007
J••••••••• J•••••
PartnerManaging Director · since Sep 1, 2023
J••••••••• J•••••
PartnerManaging Director · since Sep 1, 2023
T•••• S•••••
PartnerOwner · since Nov 1, 2015
U•• H••••••••
PartnerOwner · since Jan 1, 2010
1 departed (kept with end dates)
- B••••••• F•••••• · Owner · Aug 1, 2014 to Mar 18, 2026 Fact
Investments on record
113 edges, 110 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
34 relationships from shared deals, counted for the whole firm
Seedcamp Investment Management LLP 3 shared · recurringTarget Global Selected Opportunities LP 2 shared · recurringTwelve Below 2 shared · recurringNotion Capital 2 shared · recurringService Provider Capital 1 shared · one timeSection Partners 1 shared · one timeSisu Management LLC 1 shared · one timeHV Capital 1 shared · one timeCrane Venture Partners LLP 1 shared · one timeSpeedinvest G••• 1 shared · one timeStrobe Ventures 1 shared · one timeAlleycorp Advisers, LLC 1 shared · one timeDynamo Management Company, LLC 1 shared · one timeAccel 1 shared · one timeGrdnt LLC 1 shared · one timeChartline Capital Partners 1 shared · one timeSolari Capital Management LLC 1 shared · one timeClaritas Capital 1 shared · one timeInven Capital 1 shared · one timeAnthemis 1 shared · one timeTranscend Management, LLC 1 shared · one timeActivant Capital Group LLC 1 shared · one timeMotivate Capital Management, LLC 1 shared · one timeStillmark Management LLC 1 shared · one timeUnifi Ventures, LLC 1 shared · one timeTA Associates 1 shared · one timeFirstmark Capital, LLC 1 shared · one timeAtomico 1 shared · one timeMMC Ventures Limited 1 shared · one timeOmers Ventures Management Inc. 1 shared · one timeAIR Street Capital II LP 1 shared · one timeBalderton Capital 1 shared · one timeNorthzone 1 shared · one timeDRAPER ASSOCIATES 1 shared · one time
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
13 dated events
- Sep 16, 2026R••••• no longer listed on P•••••• a•'s portfolio pageRemoved from portfolio pagePortfolioInferenceR•••••Venture organization websites (about, team, portfolio, thesis, news pages)
- Sep 13, 2026P•••••• a•: MULTI_STAGE_VC -> SEED_FUND_MANAGER (name or self-description says seed)Classification changedClassificationInferenceno URL
- Mar 18, 2026B••••••• F•••••• (Owner) no longer on Schedule A of P•••••• a•Person leftPeopleInferenceB••••••• F••••••IAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Mar 28, 2024P•••••• a• V••••••• I• F••••• G••• • C•• K• no longer reported on Form ADV by P•••••• a•Fund no longer reportedFundsInferenceP•••••• a• V••••••• I• F••••• G••• • C•• K•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 1, 2023J••••••••• J••••• joined Schedule A of P•••••• a• as Managing Director
- Sep 1, 2023A•••• G•••••••• joined Schedule A of P•••••• a• as Managing Director
- Jan 6, 2023P•••••• a• first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 6, 2023P•••••• a• O••••••••• I• G••• • C•• K• first reported on Form ADV by P•••••• a• (Venture Capital Fund), GAV $67,656,132Fund first reported on Form ADVFundsFactP•••••• a• O••••••••• I• G••• • C•• K•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 6, 2023P•••••• a• V••••••• I• F••••• G••• • C•• K• first reported on Form ADV by P•••••• a• (Venture Capital Fund), GAV $24,088,733Fund first reported on Form ADVFundsFactP•••••• a• V••••••• I• F••••• G••• • C•• K•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 6, 2023P•••••• a• V••••••• I• G••• • C•• K• first reported on Form ADV by P•••••• a• (Venture Capital Fund), GAV $343,947,935Fund first reported on Form ADVFundsFactP•••••• a• V••••••• I• G••• • C•• K•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 6, 2023P•••••• a• O••••••••• I•• G••• • C•• K• first reported on Form ADV by P•••••• a• (Venture Capital Fund), GAV $16,598,046Fund first reported on Form ADVFundsFactP•••••• a• O••••••••• I•• G••• • C•• K•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 6, 2023P•••••• a• V••••••• I•• G••• • C•• K• first reported on Form ADV by P•••••• a• (Venture Capital Fund), GAV $653,458,260Fund first reported on Form ADVFundsFactP•••••• a• V••••••• I•• G••• • C•• K•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 6, 2023P•••••• a• V••••••• I• G••• • C•• K• first reported on Form ADV by P•••••• a• (Venture Capital Fund), GAV $24,088,733Fund first reported on Form ADVFundsFactP•••••• a• V••••••• I• G••• • C•• K•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 14, 2026Seed fund manager (confirmed, 95%, cls-1)name or self-description says seed
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%, cls-1)both early and growth/opportunity families, reported GAV $1,128M
Evidence
36 observations from 3 sources