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Prime Movers Lab
OrganisationUS

Prime Movers Lab

US deep-tech venture fund that led Humanoid's Series A.

Prime Movers Lab, a US deep-tech venture fund, led Humanoid's $152m Series A on 21 July 2026, valuing the London robotics startup at $1.35bn.

Last refreshed: 31 July 2026 · Appears in 1 active topic

Key Question

Why did a US deep-tech fund lead a European humanoid robot's record Series A?

Timeline for Prime Movers Lab

#13 21 Jul

Led Humanoid's Series A round

UK Startups and Innovation: Humanoid's buyers wrote the $152m cheque
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Background

Prime Movers Lab is a US venture capital fund investing in deep-tech and frontier-Science companies, backing hardware-intensive ventures that require patient, technically literate capital rather than pure software plays.

Leading Humanoid's Series A placed the fund at the centre of a financing structure in which the company's own industrial customers, Schaeffler and Bosch, also took equity, a structure increasingly common in European robotics rounds where established manufacturers want both a stake and a supply relationship in the companies they back.

The fund's involvement signals continuing US capital appetite for European deep-tech, even as UK observers debate whether foreign or domestic investors are now setting the price on the country's most valuable robotics bets.

Common Questions
What is Prime Movers Lab?
Prime Movers Lab is a US deep-tech venture capital fund that led Humanoid's $152m Series A in July 2026.Source: Forbes
How much did Prime Movers Lab invest in Humanoid?
The exact cheque size is undisclosed; Prime Movers Lab led the $152m round that valued Humanoid at $1.35bn.Source: Forbes
Why did Prime Movers Lab back Humanoid?
Humanoid ties Prime Movers Lab's money to signed commercial deployment with Schaeffler and contract manufacturing with Bosch, rather than a demo alone.Source: Forbes