Project Europe, a European venture fund, is undergoing a leadership change. According to an exclusive report from Sifted, both cofounders have stepped down from their roles.
The report frames the departure as part of the fund "readying its next chapter," suggesting the transition is planned rather than abrupt. The exact reasons for the step-down and the identities of successors are not detailed in the available excerpt.
The news comes as Project Europe looks to evolve its strategy. The fund's next moves will be closely watched by the European startup ecosystem, though the report's limited details leave many questions open.