Portfolio company Halo Industries, Inc. raised up to $80 million in its oversubscribed Series B funding round led by US Innovative Technology with participation from 8VC and SAIC. Congratulations to CEO Andrei Iancu and his entire team! The funding will help Halo Industries scale the commercialization and reach of its technology and advance its mission to establish the new gold-standard of silicon carbide substrate production. Read more here: https://yhoo.it/3S7jZ0I #Chips #Semiconductor #BreakthroughScience #DeepTech #VentureCapital
Prime Movers Lab
Venture Capital and Private Equity Principals
Jackson, Wyoming 9,404 followers
Backing breakthrough scientific inventions that transform billions of lives
About us
Prime Movers invests in the founders of breakthrough scientific startups with the potential to transform billions of lives. Since launching in 2018, Prime Movers has focused on six key areas including energy, infrastructure, transportation, agriculture, manufacturing, and human augmentation with over $1 billion of assets now currently under management. At the core of our differentiated approach is our deep technical and scientific diligence used to evaluate groundbreaking technologies, along with a relentless commitment to serve and add value to every founder, investor, partner, and member of our ecosystem.
- Website
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http://www.primemoverslab.com
External link for Prime Movers Lab
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 11-50 employees
- Headquarters
- Jackson, Wyoming
- Type
- Partnership
- Founded
- 2018
Locations
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Primary
Get directions
Jackson, Wyoming 83001, US
Employees at Prime Movers Lab
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Reza Raji
CxO | Inventor | IoT pioneer
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Sudhir Joshi, PhD
Board Member, Trusted Advisor, Faculty - Product Development Program at UC Berkeley.
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Russ Angold
Entrepreneur
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Simone D'Amico
Associate Professor at Stanford University; Founding Director of Space Rendezvous Lab (SLAB) and Center for AEroSpace Autonomy Research (CAESAR)
Updates
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Watch CNBC's feature on portfolio company Paradromics Inc. about the company's efforts to implant its first brain computer interface, as the race to be the leader in the brain-computer interface space heats up. #BreakthroughScience #Neuroscience #ElonMusk #DeepTech
Neurotech startup Paradromics Inc. will be putting its brain implant on trial next year, as the race to be the leader in the nascent brain-computer interface space heats up. “The brain is a super fascinating organ. We have about 85 billion neurons and every neuron is a million times slower than a computer chip. And yet, the brain does incredible things,” said Matt Angle, CEO and founder of Paradromics, in an interview with “CNBC Tech: The Edge.” “What that means is that if you want to get data in and out of the brain, you have to be able to talk to a ton of different neurons simultaneously. And that’s where the emphasis on building these high-speed, high-data-rate devices came from,” he added. The trial would follow competitor Neuralink’s move to implant a chip into a patient’s brain in March. The company, which was cofounded by Elon Musk, later disclosed that part of its brain implant malfunctioned in the weeks following the procedure. ➡️ Read more: https://cnb.cx/3KSgaZ5
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Prime Movers Lab reposted this
BREAKING NEWS! 🌿 Today marks a big day for the planet 🌍 and a significant milestone for us as we unveil our Leo Series, a DAC module that features cutting-edge structured sorbents that can capture over 500 tons of CO2 annually. Starting in 2025, our LEO series modules will be manufactured at our Mesa facility to lead the way in DAC projects around the world. Dive deeper into this groundbreaking technology in our announcement (t.ly/Ce_OY) and stay tuned for exclusive photos from today's unveiling event in California! 📸 #DACMadeintheUSA #DACrising
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Earlier this month, The White House announced agreements with eight companies, including Focused Energy Inc. and Commonwealth Fusion Systems, to advance designs and research for private-sector-led fusion pilot plants. The program will provide up to $46 million for these innovators. #Fusion #BreakthroughScience #Energy #Future #Science
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To create a net zero emissions economy by 2050, mankind must explore more dense energy sources. While solar and wind have dominated the clean energy discourse, their intermittent and low-capacity nature pose challenges. Yet, beneath our feet lies an untapped subterranean powerhouse : geothermal energy. Prime Movers Lab Fellow Wenyuan Chen took a closer look at the latest breakthroughs and emerging startups across the geothermal sector. Check out his findings here: https://bit.ly/4c3whiE #geothermal #energy #BreakthroughScience #cleanenergy #Science
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Prime Movers Lab reposted this
The future is coming faster than you think. Today, we announced the building completion of the Overture Superfactory, which comes just 17 months after Boom broke ground on the site. The Superfactory will produce 33 Overture airliners annually, and a second production line will double capacity to 66 supersonic aircraft each year. Completion of the Overture Superfactory sets the foundation for the return of supersonic travel, which will put the world within everyone’s reach. Learn more about the Overture Superfactory here: https://lnkd.in/eHANUVX7
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Prime Movers Lab portfolio companies hit significant milestones in May, including Gilgamesh Pharmaceuticals signing a blockbuster deal with AbbVie that could be worth as much as $1.95 billion. Elsewhere in our portfolio, Lyten delivered samples of its 6.5 Ah lithium-sulfur cells to Stellantis and other leading US and EU automotive OEMs. Read these stories and more here: https://bit.ly/3VjsczH #venturecapital #startups #VC #BreakthroughScience #DeepTech
Prime Movers Lab Rundown: Gilgamesh Signs $2B Deal with AbbVie & Lyten Delivers Li-S Batteries
medium.com
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With continued interest from investors and governments, superhot rock geothermal energy could achieve commercial viability within the next decade. Read Prime Movers Lab Fellow Wenyuan Chenm's insights about the latest breakthroughs and challenges facing geothermal. https://bit.ly/3yFnNPN
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Morphoceuticals CEO Jim Jenson and cofounders Michael Levin and David Kaplan are creating a new field of bioelectromics that has the potential to transform medicine by regenerating human organs and tissue. Read more about their work in Longevity.Technology: https://bit.ly/3yq66DH #health #Science #BreakthroughScience #bioelectromics
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Prime Movers Lab has invested in some of the most exciting space startups, including Axiom Space, E-Space, Quantum Space, and Space Perspective. Venture Partner Anton Brevde shared his thoughts about the burgeoning sector with Bloomberg. Read more here: https://bloom.bg/3wCJGP4 #Space #SpaceTourism #VentureCapital
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