Prime Movers Lab

Prime Movers Lab is a venture capital firm established in 2018 and headquartered in Jackson, Wyoming. The firm specializes in investing in startup and early-stage companies focused on deep technology innovations across a range of sectors, including energy, transportation, infrastructure, manufacturing, agriculture, and human augmentation. Prime Movers Lab targets investments that aim to transform industries and improve lives through scientific breakthroughs. The firm typically makes equity investments ranging from $0.25 million to $5 million but does not seek board representation, lead investments, or acquire controlling stakes. Additionally, it refrains from investing in publicly listed securities and co-investments. With a commitment to supporting entrepreneurs, Prime Movers Lab leverages in-depth academic research and mentorship from experienced scientists to enhance the potential for success in the ventures it backs.

Bryan Bauw

Partner

Decker Cunov

Partner, Founding Partner and Executive Coach

Jyothi Devakumar

Partner and Biologist

Taylor Frankel

CFO and Partner

Zia Huque

General Partner

Christie Iacomini

Partner

Andrei Iancu Ph.D

Venture Partner

Paul Iarrobino

Vice President of Government Relations and Partner

Jon Layman

General Partner

Gavin Mathis

Chief of Staff and Media and Government Relations Partner

Brad Pruente

Partner

Michael Savage

Partner and Executive Coach

Blake Scholl

Venture Partner

Gabrielle Sloss

Venture Partner

Liz Stein

Partner

Anna Thomas Ph.D

Partner

46 past transactions

Paradromics

Series A in 2023
Paradromics, Inc. is focused on developing brain-machine interfaces that facilitate data transmission between the brain and machines, primarily targeting the treatment of neurodegenerative diseases. The company creates implantable systems capable of decoding complex neural recordings into data streams, which can be utilized by various neural prostheses. Its technology emphasizes high-volume, bidirectional data streaming, allowing patients with neurological disorders to reconnect with their environment and compensate for lost biological connectivity. Founded in 2015 and headquartered in Austin, Texas, Paradromics also offers applications to support its product suite, aiming to enhance the quality of life for individuals with disabilities.

Bandit

Seed Round in 2022
Bandit is maker of plant based cheese.

Venus Aerospace

Series A in 2022
Venus Aerospace is a start-up focused on advancing hypersonic transportation solutions. The company develops rotating detonation rocket engines (RDRE) and high-speed vehicles tailored for research, defense, and commercial applications. By enhancing transport speed and range, Venus Aerospace aims to meet the growing demand for efficient and cost-effective aerospace solutions, particularly for space businesses.

Tarana

Venture Round in 2022
Tarana Wireless, Inc. specializes in developing and commercializing non-line-of-sight wireless transport solutions, primarily through its flagship product, AbsoluteAir 2 (AA2). This innovative solution is designed to deliver reliable, high-capacity wireless connectivity for various applications, including small-cell backhaul, residential broadband access, and fiber extension. Tarana's technology is characterized by its ability to provide deterministic performance, extensive coverage, and significant spectral efficiency, making it suitable for deployment in diverse environments. The company also offers installation and configuration services through construction-grade crews, along with a carrier-class element management system for efficient network management. Headquartered in Milpitas, California, with additional offices in Berkeley, California, and Pune, India, Tarana serves tier-1 operators globally, aiming to enhance internet access deployment worldwide.

Diamond Age

Series A in 2022
Diamond Age automates the construction of single-family homes and makes the American Dream affordable. It is based in Pleasanton, CA, USA.

E-Space

Seed Round in 2022
E-Space is a global space company focused on making space more accessible for businesses and governments through a network of secure multi-application satellites. Founded by Greg Wyler, the company aims to provide satellite constellation deployments that are both cost-effective and highly capable, facilitating a range of services including 5G communications and command and control systems. E-Space emphasizes sustainability in its operations, prioritizing designs that minimize space debris and environmental impact. By transforming the landscape of space-based communications, E-Space is committed to preserving access to space for future generations while enhancing the resilience of satellite systems.

Atom Computing

Series B in 2022
Atom Computing Inc. is a company based in Berkeley, California, that focuses on manufacturing scalable quantum computers utilizing individual atoms. Founded in 2018, the company harnesses the quantum mechanical properties of atoms to process information and address complex problems that traditional computers cannot solve. Atom Computing's technology allows for the optical control, scaling, and stabilization of these atoms, facilitating efficient quantum calculations in various fields, including drug design, computational chemistry, and general computing. Through its innovative approach, Atom Computing aims to advance the development of quantum technology and expand its applications across multiple industries.

MycoWorks

Series C in 2022
MycoWorks LLC specializes in the research, design, and manufacturing of sustainable leather alternatives derived from natural mycelium. Established in 2013 and based in San Francisco, the company produces a proprietary material called Reishi, which is water-resistant and customizable in texture and features. Reishi is designed to mimic the performance and feel of traditional leather while being animal-free and environmentally friendly. MycoWorks employs a unique platform known as Fine Mycelium to create this innovative biomaterial, which boasts qualities such as strength, durability, and biodegradability. The company aims to provide natural alternatives to conventional materials like plastic foams, textiles, and leather, catering to industries such as aerospace, automotive, apparel, and architectural interiors. Through its carbon-negative production process, MycoWorks offers a rapidly grown solution that aligns with sustainable design principles.

OCEANIX

Seed Round in 2021
OCEANIX is a bluetech company that designs and builds floating cities for people to live on the ocean. OCEANIX was founded in 2018 by Itai Madamombe and Marc Collins Chen.

Cognixion

Seed Round in 2021
Cognixion, Inc. is a computer software company that focuses on developing innovative solutions for individuals with communication disabilities. Its flagship product, Speakprose, employs a brain-computer interface (BCI) to translate brainwave signals into verbal communication, thus enabling non-verbal individuals to express themselves through artificial intelligence technology. In addition to this, Cognixion also creates a speech-generating device and an eye-tracking system tailored for disabled users. Founded in 2014, the company operates from its headquarters in Santa Barbara, California, and has an additional office in Toronto, Canada. Originally incorporated as Smartstones, Inc., it rebranded to Cognixion in December 2017, reflecting its commitment to advancing communication technology through biosignal recognition.

Iridia

Venture Round in 2021
Iridia, Inc. is a nanotechnology company based in Carlsbad, California, focused on developing innovative DNA-based data storage solutions. Founded in 2016, Iridia combines expertise in biochemistry, molecular biology, and semiconductor fabrication to create a groundbreaking read and write data storage hard drive that utilizes DNA for long-term data retention. By leveraging DNA polymer synthesis technology and electronic nano-switches, the company aims to achieve exceptionally high-density data storage through a highly-parallel format that includes an array of nanomodules. Formerly known as Dodo OmniData, Inc., Iridia rebranded in March 2018 to reflect its commitment to advancing data storage technology.

Spartan Radar

Series A in 2021
Spartan Radar specializes in advanced radar technology, focusing on the development of high-resolution, real-time radar imagery. The company employs a biomimetic perception model and innovative digital signal processing techniques to enhance the functionality of its radar systems. With a background in aerospace and defense, Spartan Radar offers solutions tailored for both drone and automotive applications, ensuring a comprehensive understanding of how radar integrates within broader sensor systems.

Space Perspective

Series A in 2021
Space Perspective Inc. is a spaceflight company based in Merritt Island, Florida, founded in 2019. The company specializes in offering suborbital trips to the edge of space through its spacecraft, Neptune, which utilizes a high-altitude balloon for ascent. Passengers travel in a pressurized capsule that ascends to an altitude of several kilometers, where they can experience a two-hour period of weightlessness and panoramic views of Earth. After the experience, the capsule descends slowly, landing in the ocean for retrieval by a support vessel. Space Perspective's primary Operations Center is located on Florida's Space Coast, near NASA's Kennedy Space Center, with additional launch sites planned in various locations, including Cecil Spaceport in Florida, Hawaii, and Alaska, as part of its expansion strategy.

Focused Energy

Seed Round in 2021
Focused Energy is a laser fusion startup dedicated to developing fusion as a means of generating clean alternative energy.

Elevian

Series A in 2021
Elevian, Inc. is a biotechnology company based in Menlo Park, California, founded in 2017. The company is focused on developing therapeutics aimed at restoring regenerative capacity to prevent and treat age-related diseases. Elevian's research centers on the Growth Differentiation Factor 11 (GDF11) protein and other circulating factors that stimulate regeneration in various tissues, including the brain, heart, pancreas, and muscles. The company's therapeutic candidates target the root causes of aging and aim to address conditions such as stroke recovery, Alzheimer's disease, coronary artery disease, and Type 2 diabetes. By identifying and regulating blood factors that influence aging, Elevian seeks to enable effective treatments that enhance the body’s natural repair and regeneration mechanisms.

Spartan Radar

Seed Round in 2021
Spartan Radar specializes in advanced radar technology, focusing on the development of high-resolution, real-time radar imagery. The company employs a biomimetic perception model and innovative digital signal processing techniques to enhance the functionality of its radar systems. With a background in aerospace and defense, Spartan Radar offers solutions tailored for both drone and automotive applications, ensuring a comprehensive understanding of how radar integrates within broader sensor systems.

Energy Vault

Series C in 2021
Energy Vault SA, founded in 2017 and based in Lugano, Switzerland, specializes in energy storage technology that supports renewable power generation. The company has developed a modular system that employs kinetic energy principles similar to pumped hydro storage, but instead of water, it uses custom-made cylindrical blocks crafted from low-cost materials. This innovative storage solution offers capacities ranging from 10 to 35 MWh and a power output of up to 5 MW, designed to maintain its storage capacity without degradation for over 30 years. Energy Vault's technology aims to provide reliable baseload power, making it an environmentally friendly option for energy storage and transmission.

Diamond Age

Seed Round in 2021
Diamond Age automates the construction of single-family homes and makes the American Dream affordable. It is based in Pleasanton, CA, USA.

Beckley Psytech

Series B in 2021
Beckley Psytech Limited manufactures psychedelic drug for treating psychiatric and neurological diseases. Beckley Psytech Limited was formerly known as Beckley Psychedelics Limited and changed its name to Beckley Psytech Limited in May 2020. The company was founded in 2014 and is based in Oxford, United Kingdom.

Paradromics

Seed Round in 2021
Paradromics, Inc. is focused on developing brain-machine interfaces that facilitate data transmission between the brain and machines, primarily targeting the treatment of neurodegenerative diseases. The company creates implantable systems capable of decoding complex neural recordings into data streams, which can be utilized by various neural prostheses. Its technology emphasizes high-volume, bidirectional data streaming, allowing patients with neurological disorders to reconnect with their environment and compensate for lost biological connectivity. Founded in 2015 and headquartered in Austin, Texas, Paradromics also offers applications to support its product suite, aiming to enhance the quality of life for individuals with disabilities.

OCEANIX

Venture Round in 2021
OCEANIX is a bluetech company that designs and builds floating cities for people to live on the ocean. OCEANIX was founded in 2018 by Itai Madamombe and Marc Collins Chen.

Boom Supersonic

Venture Round in 2021
Boom Supersonic is focused on revolutionizing passenger air travel by developing a supersonic airliner called Overture, which is designed to achieve speeds of Mach 2.2. Founded in 2014 and based in Englewood, Colorado, the company aims to make supersonic flights accessible and affordable for business travelers, while also promoting sustainability in aviation. Overture features advanced aerodynamics and engines that support the use of next-generation sustainable alternative fuels, enhancing safety and efficiency. Boom Supersonic is committed to overcoming the challenges associated with supersonic flight, with the ultimate goal of establishing routine supersonic travel for passengers worldwide.

Heliogen

Corporate Round in 2021
Heliogen, Inc. is a clean energy company based in Pasadena, California, focused on utilizing sunlight to produce hydrogen and syngas fuels, aiming to replace fossil fuels across various sectors. Founded in 2013 at Idealab, Heliogen has developed a concentrated solar energy system powered by artificial intelligence, which offers a range of solutions including HelioMax, a closed-loop control system for electricity generation and process heat applications; HelioHeat, which provides carbon-free, ultra-high temperature heat for industries like cement, refining, and mining; and HelioFuel, renewable fuels suitable for transportation, heavy equipment, and household heating. Heliogen's mission is to create technology that can commercially replace fossil fuels in industrial processes with sustainable energy sources.

Tarana

Venture Round in 2021
Tarana Wireless, Inc. specializes in developing and commercializing non-line-of-sight wireless transport solutions, primarily through its flagship product, AbsoluteAir 2 (AA2). This innovative solution is designed to deliver reliable, high-capacity wireless connectivity for various applications, including small-cell backhaul, residential broadband access, and fiber extension. Tarana's technology is characterized by its ability to provide deterministic performance, extensive coverage, and significant spectral efficiency, making it suitable for deployment in diverse environments. The company also offers installation and configuration services through construction-grade crews, along with a carrier-class element management system for efficient network management. Headquartered in Milpitas, California, with additional offices in Berkeley, California, and Pune, India, Tarana serves tier-1 operators globally, aiming to enhance internet access deployment worldwide.

Gilgamesh Pharmaceuticals

Series A in 2021
Gilgamesh Pharmaceuticals, Inc. is a preclinical biotechnology company based in New York, founded in 2019. The company specializes in developing innovative psychotropic drugs aimed at treating various neuropsychiatric conditions, including depression, anxiety, substance use disorders, and stress-related issues. Gilgamesh focuses on creating novel chemical entities through a blend of medicinal chemistry, neuroscience, and drug development expertise. By leveraging its unique approach, the company aims to provide effective therapies that enhance recovery for patients dealing with central nervous system disorders.

Attune Neurosciences

Seed Round in 2021
Developer of neurostimulation products designed to improve human health and performance. The company's products target sleep-related conditions that modulate the activity of the brain structures, enabling patients to improve symptoms of central nervous system disorders for patients.

Boom Supersonic

Venture Round in 2021
Boom Supersonic is focused on revolutionizing passenger air travel by developing a supersonic airliner called Overture, which is designed to achieve speeds of Mach 2.2. Founded in 2014 and based in Englewood, Colorado, the company aims to make supersonic flights accessible and affordable for business travelers, while also promoting sustainability in aviation. Overture features advanced aerodynamics and engines that support the use of next-generation sustainable alternative fuels, enhancing safety and efficiency. Boom Supersonic is committed to overcoming the challenges associated with supersonic flight, with the ultimate goal of establishing routine supersonic travel for passengers worldwide.

FORT Robotics

Venture Round in 2021
FORT Robotics, Inc. specializes in the development and manufacturing of wireless control systems designed for dangerous machinery. The company provides a range of safety devices, including industrial wireless remote control systems and wireless emergency stop mechanisms that enhance productivity while preventing accidents. Its vehicle safety controllers serve multiple functions, acting as safety receivers, wireless emergency stop systems, and CAN bus bridges. FORT Robotics' solutions are utilized in various sectors, including construction, agriculture, manufacturing, warehousing, transportation, and mobile robotics, facilitating the safe operation of autonomous systems, industrial machinery, and heavy equipment. Based in Philadelphia, Pennsylvania, the company leverages over a decade of expertise in safety technology to address the needs of these industries.

Venus Aerospace

Seed Round in 2021
Venus Aerospace is a start-up focused on advancing hypersonic transportation solutions. The company develops rotating detonation rocket engines (RDRE) and high-speed vehicles tailored for research, defense, and commercial applications. By enhancing transport speed and range, Venus Aerospace aims to meet the growing demand for efficient and cost-effective aerospace solutions, particularly for space businesses.

Axiom Space

Series B in 2020
Axiom Space, Inc., founded in 2016 and based in Houston, Texas, is focused on developing and operating commercial space station modules that connect to the International Space Station (ISS). The company offers human spaceflight services for government astronauts, tourists, private companies, and individuals, facilitating research, manufacturing, and testing of space exploration systems. Axiom's platform in Low Earth Orbit supports the advancement of exploration-enabling technologies and in-space manufacturing, creating opportunities for various industries and educational institutions. In addition to its commercial endeavors, Axiom conducts crewed missions to the ISS, enabling broader access to space initiatives and fostering future human space exploration. The company is supported by a group of investors, including venture capital firms and educational institutions.

Space Perspective

Seed Round in 2020
Space Perspective Inc. is a spaceflight company based in Merritt Island, Florida, founded in 2019. The company specializes in offering suborbital trips to the edge of space through its spacecraft, Neptune, which utilizes a high-altitude balloon for ascent. Passengers travel in a pressurized capsule that ascends to an altitude of several kilometers, where they can experience a two-hour period of weightlessness and panoramic views of Earth. After the experience, the capsule descends slowly, landing in the ocean for retrieval by a support vessel. Space Perspective's primary Operations Center is located on Florida's Space Coast, near NASA's Kennedy Space Center, with additional launch sites planned in various locations, including Cecil Spaceport in Florida, Hawaii, and Alaska, as part of its expansion strategy.

Tarana

Venture Round in 2020
Tarana Wireless, Inc. specializes in developing and commercializing non-line-of-sight wireless transport solutions, primarily through its flagship product, AbsoluteAir 2 (AA2). This innovative solution is designed to deliver reliable, high-capacity wireless connectivity for various applications, including small-cell backhaul, residential broadband access, and fiber extension. Tarana's technology is characterized by its ability to provide deterministic performance, extensive coverage, and significant spectral efficiency, making it suitable for deployment in diverse environments. The company also offers installation and configuration services through construction-grade crews, along with a carrier-class element management system for efficient network management. Headquartered in Milpitas, California, with additional offices in Berkeley, California, and Pune, India, Tarana serves tier-1 operators globally, aiming to enhance internet access deployment worldwide.

Nelumbo

Series A in 2020
Nelumbo Inc. manufactures thin superomniphobic nanocoating for air conditioning cooling coil fins and refrigerators. The company manufactures products, such as Ice-Nein and Omniphobe. Ice-Nein coating attacks frost build up to improve cooling coils for refrigeration equipment and reduces equipment defrosting downtime; and Omniphobe coating improves cooling coils for air conditioning equipment. The company caters to the heating and cooling industry. Nelumbo Inc. was founded in 2015 and is based in Menlo Park, California.

Heliogen

Series A in 2020
Heliogen, Inc. is a clean energy company based in Pasadena, California, focused on utilizing sunlight to produce hydrogen and syngas fuels, aiming to replace fossil fuels across various sectors. Founded in 2013 at Idealab, Heliogen has developed a concentrated solar energy system powered by artificial intelligence, which offers a range of solutions including HelioMax, a closed-loop control system for electricity generation and process heat applications; HelioHeat, which provides carbon-free, ultra-high temperature heat for industries like cement, refining, and mining; and HelioFuel, renewable fuels suitable for transportation, heavy equipment, and household heating. Heliogen's mission is to create technology that can commercially replace fossil fuels in industrial processes with sustainable energy sources.

Lifekind

Seed Round in 2020
Lifekind designs and develops AI Persona that allows to ask a question, receive help, talk, and learn from coaches, teachers, scientists, entertainers, and personalities. The company is based in the United States.

Pyka

Seed Round in 2019
Pyka, Inc. specializes in the development of autonomous electric aircraft, primarily aimed at the agricultural sector. Founded in 2016 and headquartered in Oakland, California, the company creates aircraft designed for the application and spraying of chemicals on agricultural lands. These planes are equipped with advanced technology, including autonomous flight controllers, onboard sensors, and systems for obstacle detection and path planning. This enables them to navigate various terrains and perform hyper-short takeoffs and landings from nearly any location. Pyka's aircraft are notable for being the first certified electric autonomous airplanes to operate commercially, providing an innovative and efficient alternative to traditional ground transit in agriculture.

Upward Farms

Seed Round in 2019
Upward Farms grows high ecological and quality standard leafy greens and fish to nourish people, families, and the planet. Their farms marry modern vertical farming with the ancient farming practice of aquaponics. Aquaponics uses fish to fertilize crops in a complete ecosystem. In indigenous aquaponic practices, the fish swim directly below plants, and their manure makes the soil more fertile. We have revolutionized this technique by raising fish and plants in their own ideal environments within an intact ecosystem, achieving new levels of quality, safety, and productivity.

Unlimited Tomorrow

Venture Round in 2019
Unlimited Tomorrow, Inc. is a company that specializes in the development of advanced prosthetic technologies, specifically focusing on 3D scanning, 3D printing, and machine learning to create artificial limbs for amputees. Founded in 2014 and based in Rhinebeck, New York, the company designs robotic arms and legs that can be controlled through the user's thoughts. By utilizing 3D scanning to customize the fit of these prosthetics to an individual's unique anatomy, Unlimited Tomorrow aims to make high-quality, affordable prosthetic solutions accessible to differently-abled individuals, particularly in remote and underprivileged communities. The company's commitment to an open-source approach for its robotic arms and hands further facilitates widespread adoption among those in need.

Momentus

Series A in 2019
Momentus Inc. is a company based in Santa Clara, California, that specializes in water-powered transportation services for spacecraft. Founded in 2017, it is a pioneer in developing in-space transportation and infrastructure technology, focusing on the commercialization of space. The company employs a team of experienced aerospace, propulsion, and robotics engineers who have created an energy-efficient transport system utilizing plasma water propulsion technology. Momentus has established service agreements with notable entities, including Lockheed Martin and NASA, as well as various private satellite companies and government agencies. Its inaugural Vigoride™ transport system launch was scheduled for December 2020, marking a significant step in its mission to enhance space logistics.

Momentus

Series A in 2019
Momentus Inc. is a company based in Santa Clara, California, that specializes in water-powered transportation services for spacecraft. Founded in 2017, it is a pioneer in developing in-space transportation and infrastructure technology, focusing on the commercialization of space. The company employs a team of experienced aerospace, propulsion, and robotics engineers who have created an energy-efficient transport system utilizing plasma water propulsion technology. Momentus has established service agreements with notable entities, including Lockheed Martin and NASA, as well as various private satellite companies and government agencies. Its inaugural Vigoride™ transport system launch was scheduled for December 2020, marking a significant step in its mission to enhance space logistics.

polySpectra

Seed Round in 2019
PolySpectra, Inc. is a company based in Berkeley, California, that specializes in developing advanced functional materials for additive manufacturing. Founded in 2016, PolySpectra focuses on transforming 3D printing from a prototyping tool into a viable production method. The company utilizes light-activated catalysts to create durable, stereolithographic resins suitable for consumer applications. Its modular platform allows for the delivery of materials with a wide range of tailored properties derived from a single chemical system. By providing these innovative materials, PolySpectra aims to assist inventors, designers, and engineers in bringing their concepts to life.

Momentus

Seed Round in 2018
Momentus Inc. is a company based in Santa Clara, California, that specializes in water-powered transportation services for spacecraft. Founded in 2017, it is a pioneer in developing in-space transportation and infrastructure technology, focusing on the commercialization of space. The company employs a team of experienced aerospace, propulsion, and robotics engineers who have created an energy-efficient transport system utilizing plasma water propulsion technology. Momentus has established service agreements with notable entities, including Lockheed Martin and NASA, as well as various private satellite companies and government agencies. Its inaugural Vigoride™ transport system launch was scheduled for December 2020, marking a significant step in its mission to enhance space logistics.

Cabin

Seed Round in 2018
Cabin Technologies, Inc. offers overnight bus rides between the two cities with private cabins to passengers. The company offers hospitality transportation services for travelling upto 500 miles in the united States. It provides amenities, which include private cabins, attendants, two pieces of luggage, nighttime tea, morning coffee, ear plugs, and free Wi-Fi. Cabin Technologies, Inc. was formerly known as SleepBus Inc. The company was founded in 2016 and is based in San Francisco, California.

Gordian Biotechnology

Seed Round in 2018
Gordian Biotechnology, Inc. is focused on developing a screening platform for gene therapy aimed at treating age-related diseases. Established in 2018 and headquartered in San Francisco, California, the company is pioneering a novel discovery platform designed to enhance drug development for complex ailments associated with aging.

NobleAI

Seed Round in 2018
Developer of a science-based artificial intelligence cloud-based platform designed to accelerate chemical and material product development. The company's unique science-based AI technology transforms current materials development strategies and delivers actionable insights and reliable predictions to accelerate development and reduce costs of developing new chemicals, materials, and formulations, enabling companies to innovate faster and bring better-performing and more sustainable products to market quickly.
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