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Solo GP's Project Ventures hits £1.2M first close for AI, deeptech fund

What's the deal? Project VenturesDealroom has a profile for this one. Try Dealroom →, a new firm founded by solo general partner Shahryar Barati, has reached a £1.2 million first close on its maiden fund. It will back pre-seed and seed startups across AI and deeptech.

Where's the focus? The fund targets startups with close ties to Imperial College LondonDealroom has a profile for this one. Try Dealroom →.

What's the endgame? By writing early cheques, Project Ventures aims to get in on the ground floor of university spinouts and founders emerging from one of the UK's leading research institutions.

The signal: A £1.2 million first close is modest, but it reflects the appetite for solo GPs and micro-funds carving out narrow niches in AI and deeptech — often anchored to a single research hub.

Read more: Sifted

Image credit: NASA Goddard Photo and Video

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