Primal is a global venture capital fund manager
We specialise in early-stage and growth investments into Web3 and emerging technology companies.
primal’s approach
Venture capital is evolving
it's no longer just about funding.
Our ecosystem is built on three pillars, each designed to empower bold founders throughout the most critical stages of their journey
Build
Internal incubation. Founder-led acceleration
Founder-led venture incubation from concept to exit. We partner with proven entrepreneurs to build companies from the ground up, providing hands-on governance, strategic direction, and operational support throughout the journey.
Primal Capital
Conviction capital from Seed to Series A
Early-stage conviction investing in Web3 infrastructure, emerging technologies, and digital assets. We back visionary founders building the platforms and protocols that will define the next generation of the internet.
Growth
Capital for Scale
Growth capital for companies ready to scale. We provide expansion financing for proven businesses pursuing new markets, operational scaling, or strategic acquisitions, all while founders retain control.
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 doing the opposite.
We take a different path.
Too much venture capital chases trends, funds fast, and disappears when things get hard.
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
