Primal is a global venture capital fund manager
We allocate across the full company lifecycle, from incubation and early-stage venture to growth equity and secondary markets.
We invest in AI, robotics, biotech, digital asset infrastructure, decentralised finance, and emerging technologies.
primal’s approach
Venture capital is evolving
it's no longer just about funding.
Primal Capital is a multi-strategy investment platform built for the full company lifecycle, spanning incubation, venture, growth equity, and secondary markets.
Build
Internal incubation. Founder-led acceleration
Founder-led venture incubation from concept to exit. Hands-on governance, strategic direction, and operational partnership throughout the journey.
invest
Conviction capital from Seed to Series A
Early-stage conviction capital - in Web3 infrastructure, emerging and frontier technologies. We back visionary founders defining the next generation of innovation.
Grow
Capital for Scale
Growth capital for proven businesses pursuing new markets, operational scaling, or strategic acquisitions - all while founders retain control and strategic autonomy.
our portfolio
our ethos
What our portfolio companies say about us
01
authentic individuals with strong values
Han Jin
co-founder and CEO of Bluwhale
Through all the past startups I've done, there weren't many investors who added this much value beyond the capital like them. The best part about working with Primal is their people. Not only are they at the top of their game in this space and global leaders, respectively; they are authentic individuals with strong values who are an absolute pleasure to work with.
Working with Bart especially is like having another cofounder who pushes my company forward. One of the best web3 funds I've met along my journey, I highly recommend Primal Capital.
02
variety of investors and VCs
Mohammad Raafi Hossain
co-founder and CEO of Fasset
As a founder, I have had the opportunity to work with a variety of investors and VCs, but working together with Bart and David from Primal has been unique in our journey.
I can confidently say that it has resulted in several important wins for us. Working with Bart, in particular, has resulted in many strategic relationships and key milestones. Primal Capital stands out not just as an investor, but also as a true advocate for our mission.
03
scale globally and sustainably
Jerome Faury
founder and CEO of Immersve
Primal Capital is a specialist web3 VC firm that wrote one of the first cheques into Immersve.
Since then they have followed on and provided significant strategic value, including but not limited to: introductions to their portfolio companies and extensive network – resulting in many commercial opportunities for Immersve; introductions to other VC’s and Investors that participated in our funding round; regular meetings with our leadership team to provide support and guidance on strategy and product / market fit; and significant support to help us scale globally and sustainably.
04
Deeply embedded in the DeFi idea maze
Prastut Kumar
Co-founder & CEO of Asgard Finance
Primal has been genuinely hands-on from day one. Regular check-ins with their team act as a strong forcing function for clarity, sharper decision-making, and rigorous stress-testing of ideas. It feels less like reporting to an investor and more like sparring with partners deeply embedded in the DeFi idea maze. They have been particularly helpful with high-signal customer and ecosystem introductions. Building alongside their research team, which operates at the bleeding edge, consistently pushes us to raise our bar. That proximity to first-principles thinking and active collaboration has materially improved how Asgard team scales their intial PMF.
our ethos
Conviction means going further.
We take a different path.
Most capital is transactional. Ours isn't. We invest with conviction, support thoughtfully, and stay the course when it matters most.
Long-term alignment
We invest with full attention and commitment, because progress is built, not bought.
Early Involvement
Adapting and supporting in the lows and celebrating meaningful wins.
Depth is our foundation
Understanding the why, how, and who behind every company to create real impact.
True partnership
Adapting and supporting in the lows and celebrating meaningful wins.
research
