Loading organizations...
Loading organizations...
Prime Movers Lab operates as a venture capital firm dedicated to funding breakthrough scientific startups. The firm's investment strategy targets companies reinventing critical sectors such as energy, transportation, infrastructure, manufacturing, human augmentation, and agriculture. Beyond capital, Prime Movers Lab distinguishes itself by offering comprehensive resources and integrated coaching, aiming to transform technical experts into proficient executives, thereby enhancing the odds of success for deep tech ventures.
Dakin Sloss founded Prime Movers Lab in 2018, leveraging his prior experience as an entrepreneur and investor, including his role as founding CEO of Tachyus and OpenGov. Sloss established the firm based on the insight that there was a significant lack of venture capital focused on technologies capable of addressing humanity's most pressing challenges. His background in leading transformative companies informs the firm’s approach to identifying and nurturing pioneering scientific endeavors.
The firm’s clients are the "Prime Movers":inventors and scientists developing solutions with the potential to profoundly impact billions of lives. Prime Movers Lab supports these founders not only with funding but also with strategic guidance in areas like public relations, government relations, and fundraising. Their long-term vision is to foster a world of massive abundance and human prosperity by supporting scientific breakthroughs that tackle global problems and elevate the human condition.
Key people at Prime Movers Lab.
Prime Movers Lab is a venture capital firm that invests in breakthrough scientific startups led by visionary inventors, known as "Prime Movers," who aim to transform billions of lives. Their mission centers on supporting startups reinventing critical industries such as energy, transportation, infrastructure, manufacturing, human augmentation, and agriculture. Unlike traditional VCs, Prime Movers Lab emphasizes providing more than just capital—they offer deep technical expertise, operational support, and a network tailored to help founders build transformative scientific companies. Their investment focus is primarily on early-stage startups in the US, with seed checks typically under $5 million and Series A investments around $15 million. The firm has raised over $1.2 billion across multiple funds and has backed notable companies like Boom Supersonic, Axiom Space, and Tarana Wireless, reflecting their impact on the startup ecosystem by enabling frontier technology ventures to scale[1][3][5].
Founded in 2018 and based in Jackson, Wyoming, Prime Movers Lab was established to fill a gap in venture capital for deep science startups that require specialized knowledge and patient capital. The firm was founded by individuals with strong technical backgrounds and a commitment to supporting founders who are inventors and serial entrepreneurs. Over time, Prime Movers Lab has evolved to manage multiple funds, including a $245 million third early-stage fund and a $500 million early-growth fund, expanding its capacity to support startups through various growth phases. The firm's partners include experts with PhDs and domain-specific knowledge, which differentiates their approach from typical software-focused VCs[1][3][4].
Prime Movers Lab rides the trend of increasing interest and investment in deep tech and scientific innovation, addressing some of the world's most pressing challenges through technology. The timing is critical as advances in materials science, biotechnology, aerospace, and energy converge with growing societal demands for sustainability and human augmentation. Market forces such as climate change, infrastructure modernization, and the need for new manufacturing paradigms create fertile ground for the firm's portfolio companies. By focusing on scientific breakthroughs, Prime Movers Lab influences the broader ecosystem by validating and accelerating technologies that traditional venture capital often overlooks, thus expanding the frontier of innovation[1][6].
Looking ahead, Prime Movers Lab is poised to continue scaling its influence by deploying larger funds and deepening its operational support for founders. Trends such as climate tech, space commercialization, and human augmentation will likely shape their investment focus. As the firm grows, its role as a catalyst for breakthrough science startups will strengthen, potentially leading to more high-impact exits and broader adoption of transformative technologies. Their philosophy of empowering "Prime Movers" to pursue ambitious visions suggests a future where they remain a critical enabler of scientific entrepreneurship, driving progress in sectors fundamental to global well-being and technological advancement[1][6].
Key people at Prime Movers Lab.
