Primal Capital Overview

  • Investor Type
  • Venture Capital

  • Status
  • Active

  • Professionals
  • 4

Professionals

  • Investments
  • 76

  • Portfolio
  • 59

  • Exits
  • 13

Exits

Primal Capital General Information

Company Description

Founded in 2021, Primal Capital is a Sydney-based venture capital firm investing across the applied technology stack. The firm seeks to invest in companies operating in compute infrastructure, power and grid systems, identity infrastructure, AI, blockchain, data, and applications across finance, robotics, biotech, consumer, and materials.

Business Details

Formerly Known As
MaxStealth
Year Founded
2021
Investor Status
Actively Seeking New Investments
Primary Investor Type
Venture Capital
Other Investor Types
Growth/Expansion
Corporate Office
  • Sydney, New South Wales
  • Australia

Primal Capital Investments (76)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Stellios Technologies 20-Oct-2026 Seed Round Aerospace and Defense Generating Revenue
Prolific Machines 14-Oct-2026 Biotechnology Generating Revenue
Mach Industries 10-Sep-2026 Aerospace and Defense Generating Revenue
Standard Bots 09-Jun-2026 Other Hardware Generating Revenue
EverAI 01-May-2026 Social/Platform Software Generating Revenue
Rilla Network 01-May-2026 Entertainment Software Generating Revenue
Macropod 09-Mar-2026 Other Financial Services Generating Revenue
Science (Therapeutic Devices) 05-Mar-2026 Therapeutic Devices Generating Revenue
Dune Materials 01-Jan-2026 Early Stage VC Multi-line Mining Stealth
Asgard 08-Dec-2025 Seed Round Financial Software Startup
You’re viewing 10 of 76 investments. Get the full list »

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Primal Capital Exits (13)

Company Name Exit Date Exit Type Exit Size
Glitter (Database Software) 29-Sep-2026 Out of Business
Lemonade 05-Jul-2026
Morpheus XR 12-May-2026
Chainsight (Database Software) 23-Apr-2026
Producers (Entertainment Software) 26-Mar-2026
Hundo 25-Feb-2026
DataUnion Foundation 06-Oct-2025
Digital Dogs 23-Jul-2025
Sort 28-May-2025 Merger/Acquisition
Alphaa.io 01-May-2025 Out of Business
You’re viewing 10 of 13 exits. Get the full list »

Primal Capital Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

PitchBook’s data visualizations quickly surface an investor’s historical investments—showing a breakdown of activity by industry, year and region.

Request a free trial

Primal Capital FAQs

  • What is Primal Capital?

    Founded in 2021, Primal Capital is a Sydney-based venture capital firm investing across the applied technology stack.

  • When was Primal Capital founded?

    Primal Capital was founded in 2021.

  • Where is Primal Capital headquartered?

    Primal Capital is headquartered in Sydney, Australia.

  • What is Primal Capital's total asset value?

    Primal Capital has around in total assets under management.

  • How many investments has Primal Capital made?

    Primal Capital has made 76 investments.

  • What has Primal Capital invested in?

    Primal Capital has made numerous investments in companies like Stellios Technologies, Prolific Machines, and Mach Industries within the Aerospace and Defense and Biotechnology industries.

  • What has Primal Capital invested in recently?

    Primal Capital's latest investment was on 20-Oct-2026 in Stellios Technologies, a company within the Aerospace and Defense industry.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process