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.
57% of their portfolio is in Defense & Space. Their most common stage is series-a (43% of deals). Average disclosed round size is $274.5M (across 3 rounds with reported amounts).
Portfolio
4
Fund Size
$1B
Top Stage
Series A
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
7 investments
Top Co-Investors
General Catalyst5 shared
Rough Draft5 shared
Plural Platform3 shared
Accel3 shared
Lightspeed Venture Partners3 shared
Lakestar2 shared
Atomico2 shared
BMW i Ventures1 shared
Index Ventures1 shared
Unbound1 shared
Iconiq Capital, LLC1 shared
JPMorgan Chase & Co.1 shared
Greenoaks Capital1 shared
BDT & MSD Partners1 shared
Last updated: 19 September 2026