About Prima Materia
Prima Materia is a venture capital firm founded in 2020. It is primarily based out of Stockholm, Sweden. As of Jun 2025, Prima Materia has invested in 2 companies. It primarily invests in Series A round in Germany based startups. Its investments are spread across Healthcare and Aerospace, Maritime and Defense Tech sectors. Most recently it participated in the $***** Series D round of Helsing Overall, Prima Materia portfolio has seen 1 unicorn, namely Helsing. Prima Materia has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Unicorns
Prima Materia's List of All Investments
Prima Materia has a portfolio of 2 companies, one of which is a Unicorn. Their most notable investments are in Helsing and EPITERNA.Their portfolio spans across Germany and Switzerland. They have invested in Healthcare, Aerospace, Maritime and Defense Tech, across Seed, Series A stages. Here is the list of all investments by Prima Materia:
1. Helsing
Developer of AI-enabled autonomous systems for defense applications across domains. They design and build autonomous systems for governments and industry. The company connects existing hardware into an AI-enabled network. They provide precision mass and autonomous systems. The company develops and deploys technologies thoughtfully and with the highest ethical standards.
Key facts about Helsing
- Founded Year: 2021
- Location: Munich (Germany)
- Annual Revenue: €415K as on Dec 31, 2021
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $1.63B
- Employee Count: 86 as on Jul 01, 2024
- Investors: BDT & MSD Partners, Greenoaks and 31 Others
- Latest Funding Round: Series D, Jun 17, 2025, $*****
- Highlight: Editors' Pick
2. EPITERNA
Key facts about EPITERNA
- Founded Year: 2022
- Location: Epalinges (Switzerland)
- Stage: Seed
- Total Funding till date: $11M
- Investors: Prima Materia
- Latest Funding Round: Seed, Aug 01, 2023, $*****
Prima Materia's Year-on-Year Investment Trends
Prima Materia has invested in Helsing in 2025 and EPITERNA in 2023. In 2025, it made 1 investment. Its most recent first time investment was in EPITERNA and most recent follow-on round was in Helsing.Prima Materia's Investments by Stage
Prima Materia has made 1 investment in Seed stage with an average round size of $11M and 1 investment in Series A stage with an average round size of $116M.Prima Materia's Investments by Sector
Prima Materia has a diverse portfolio, with companies operating in the Aerospace, Maritime and Defense Tech and Healthcare. Notably, it has invested in 1 Enterprise (B2B) company, 1 Software company, 1 Tech company and 1 company focusing on Tech hardware.Prima Materia's Investments by Geography
Prima Materia has made most investments in Germany (1), followed by Switzerland where it has made 1 investment.Prima Materia's recent investments
Prima Materia has not made any investment in 2026 so far.Here are the most recent investments by Prima Materia:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 17, 2025 | Germany | Series D | 9340 | ||
Aug 01, 2023 | Switzerland | Seed | 3031 | - | |
Nov 09, 2021 | Germany | Series A | 1547 | - |
Unicorns in Prima Materia's Portfolio
Prima Materia has 1 unicorn in its portfolio - Helsing. The most recent unicorn in their portfolio is Helsing which became a unicorn in 2023, 1 years after Prima Materia first invested in it.Here is a list of unicorns in Prima Materia's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Developer of AI-enabled autonomous systems for defense applications across domains | 2021 | Munich | Series D | olcgeyo |
Team profile of Prima Materia
Prima Materia has a team of 1 member located in Sweden. Prima Materia's team does not sit on the board of any company as of now.Co-investors of Prima Materia
Over the past 5 years, 12 investors have co-invested in Prima Materia's portfolio companies. This includes funds and angels.
- Invested before Prima Materia: Robert Gentz and have invested in rounds before Prima Materia. There is 1 company where Robert Gentz has invested before Prima Materia and 1 company where has invested before Prima Materia.
- Invested after Prima Materia: A total of 10 investors have invested in Prima Materia's portfolio after their investments. Top Investors include General Catalyst (1 company), Saab (1 company) and Daniel Ek (1 company).
Recent News related to Prima Materia
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European defence tech startup Helsing raises €600 millionEvertiq•Jul 29, 2025•Prima Materia, Spotify, Helsing, Helsing
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German Helsing secures €600M Series D to power defense tech in EuropeAIN.UA•Jul 15, 2025•Helsing, Prima Materia, Plural, Lightspeed Venture Partners and 4 others
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Spotify's Daniel Ek leads €600mn investment in German drone maker HelsingThe Verge•Jun 17, 2025•Prima Materia, Helsing
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Helsing Becomes Europe's Largest AI Defense Unicorn with $223 Million Funding RoundMaginative•Sep 15, 2023•Helsing, General Catalyst, Saab, Prima Materia
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Longevity tech startup Epiterna exits stealth mode; receives funding from Daniel Ek’s Prima MateriaSilicon Canals•Aug 02, 2023•EPITERNA, Neko Health, Prima Materia
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Daniel Ek poured €100m into Helsing AI last year. The startup just partnered with a European arms manufacturerMBW•Sep 16, 2022•Helsing, Prima Materia, Northvolt, H2 Green Steel and 3 others
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Spotify founder invests 100 million in Munich military AI startupBusiness Insider Deutschland•Nov 09, 2021•Helsing, Prima Materia, YPOG
