Project Ventures, an early-stage VC firm rooted in the Imperial College London ecosystem, today announced the launch of its debut €5.8 million (£5 million) fund, backing pre-Seed and Seed-stage startups at the intersection of DeepTech and AI.
According to the firm, they are the first independent, alumni-powered VC fund dedicated to the Imperial startup ecosystem; investing between €116k (£100k) and €349k (£300k) into its portfolio companies with three investments already completed to-date (Tewke, NexusAM, and Neubond).