Prime Movers Lab Early-Stage Fund Grant
In context
This call is open to startups, at idea and R&D stage, prototype and pilot stage and pre-seed. Funding is an equity investment of Up to $245,000,000. Coverage is read from the notice itself: any country.
Prime Movers Lab funds early-stage scientific startups commercializing breakthrough discoveries across energy, transportation, infrastructure, agriculture, and health. The fund targets companies at the prototype-to-seed stage with transformative technology potential.
About this grant
Prime Movers Lab is a venture capital fund focused on funding breakthrough scientific startups at the early stage. The fund targets founders who are developing transformative scientific inventions with the potential to revolutionize major industries. Prime Movers Lab raised a $245 million early-stage fund to advance these breakthrough science startups, as noted in PR Newswire coverage. The fund supports what it calls 'Prime Movers' — founders with a growth mentality and breakthrough scientific inventions who have ambitious plans to reshape the world's most important industries. Portfolio companies have included ventures in areas such as supersonic flight, AI hardware, AI therapy, and other deep technology domains. Prime Movers Lab positions itself as a founder-friendly investor, with a stated philosophy that 'founders are our customers.' The firm publishes thought papers on areas of strategic interest including quantum computing, the electricity grid, critical minerals, orbital debris, LEO SATCOM, and robotics, signaling the sectors it actively seeks to fund.
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Eligibility
Applicants must be founders of early-stage startups with breakthrough scientific inventions. The fund targets companies working on transformative technologies in major industries. Founders are expected to have a growth mentality and ambitious plans to revolutionize important industries. There is no explicit geographic restriction stated on the page, though the fund is a US-based venture capital firm. The fund focuses on early-stage companies.
How it's scored
The page does not disclose specific evaluation criteria, scoring rubrics, or panel composition. Investments appear to be assessed based on the breakthrough nature of the science, the ambition and growth mentality of the founding team, and the potential to revolutionize important industries.
Key requirements
- ✓Commercializing fundamental scientific discoveries
- ✓Operating in energy, transportation, infrastructure, agriculture, or health sectors
- ✓Early-stage company with breakthrough technology potential
- ✓Focus on industries with transformative impact
Recent past awardees
Knowing who's won the last rounds tells you whether you're in the strike zone.
- Hark AI
- The Path
- Boom Supersonic
Frequently asked questions
- How much funding does Prime Movers Lab offer?
- Prime Movers Lab Early-Stage Fund offers up to $245M.
- Who can apply for Prime Movers Lab Early-Stage Fund?
- Eligibility covers organisations in GLOBAL; startup. See the eligibility criteria above for the full conditions.
Relevant sectors
About this sector
Renewable energy funding covers solar, wind, hydropower, geothermal and bioenergy, from early research to grid-scale deployment. Public money tends to back demonstration, grid connection and access to energy in emerging markets, while procurement notices buy installation, operation and maintenance. Calls often ask for proof of resource assessment, permitting progress and local partners.
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