Project Ventures announces first close of its maiden £5 million early-stage fund for Imperial-rooted AI and deeptech startups
Funding Provisional 90% confidence first seen
Project Ventures, a solo GP firm founded by Shahryar Barati, announced the first close of its maiden fund to invest in pre-seed and seed AI and deeptech startups connected to Imperial College London. The fund raised £1.2 million at first close and plans a £5 million target, with investments typically ranging from £100,000 to £300,000 per company.