Prima Materia

Stockholm, Sweden · Family Office · DeepTech Purist

About

Prima Materia Prima Materia was founded in 2021 by Daniel Ek (Spotify CEO) and Shakil Khan with a €1B commitment. The thesis is "European moonshots". transformative technology for society with an explicitly European identity. The portfolio is impressive: Helsing (European defense AI unicorn, €600M Series D led by Prima Materia in 2025, now manufacturing HX-2 drones), Northvolt (EV batteries), H2 Green Steel (decarbonization), and Neko Health (body scanning). The focus on defense tech, aerospace

Industries

Stage focus

Geography

Notable investments

Helsing
Northvolt
H2 Green Steel
Neko Health
EPITERNA

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