Prima Materia is a European investment company co-founded by Spotify's Daniel Ek and Shakil Khan in 2021, focused on building and developing technology-driven companies that tackle foundational societal challenges. Headquartered in Stockholm, the firm acts as a builder and active owner rather than a traditional venture investor, pledging up to $1 billion in long-term capital.
71% of their portfolio is in Defense & Space. They made 1 investment in the last 12 months. Average disclosed round size is $852.9M (across 3 rounds with reported amounts).
Portfolio
3
Fund Size
$1B
Top Stage
Series A
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
7 investments
Top Co-Investors
General Catalyst6 shared
Plural Platform4 shared
Accel4 shared
Lightspeed Venture Partners4 shared
Iconiq Capital, LLC2 shared
JPMorgan Chase & Co.2 shared
Greenoaks Capital2 shared
Latitude1 shared
BMW i Ventures1 shared
Index Ventures1 shared
Unbound1 shared
Lakestar1 shared
Atomico1 shared
BDT & MSD Partners1 shared
Dragoneer Investment Group1 shared
StepStone Group1 shared
Disruptive1 shared
Last updated: 20 October 2026