The founder of the music service Spotify, Daniel Ek, has promised to invest €1 billion of his own funds through his venture capital firm Prima Materia in European projects that are «fast heading to the moon» — early-stage startups in the fields of deeptech, artificial intelligence, climate and medical technologies.
The founder of the music service Spotify, Daniel Ek, has promised to invest €1 billion of his own funds through his venture capital firm Prima Materia in European projects that are «fast heading to the moon» — early-stage startups in the fields of deeptech, artificial intelligence, climate and medical technologies.
According to Reuters, the serial entrepreneur aims to «create the next Spotify, albeit not in the music industry.»
Ek told the publication that he wants to focus on companies in Europe that are «working on some of the biggest challenges with technology and making a significant difference.»
As a reminder, in 2018, Ek co-founded Neko Health, a startup that is trying to occupy the niche of disease prevention and early detection. The company has already raised a total of $325 million in funding.
As dev.ua wrote, Ek also invested in the German manufacturer of combat drones with artificial intelligence Helsing.
