Prime Movers Lab Fund III LP
Prime Movers Lab · adviser of record: Prime Movers Lab LLC · 2022 vintage
Prime Movers Lab Fund III LP is a 2022 venture fund managed by Prime Movers Lab, with $237mm raised (Form D, amount sold). It reported $155mm in gross assets at year-end 2023, 0.65x its size, its highest reported value.
- Latest value held
- $155mm year-end 2023
- Peak
- $155mm year-end 2023
- Fund size
- $237mm Form D, amount sold
- Held vs. size
- 0.65x peak 0.65x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2023 | $155mm | 0.65x | +261% |
| 2022 | $42.9mm | 0.18x | – |
Other funds from Prime Movers Lab
- Diamond Age PML SPV 1 LP 2022
- Pyka PML SPV 1 LP 2022
- Halo Industries PML SPV 4 LP 2022
- Space PML SPV 1 LP 2021
- Halo Industries PML SPV 3 LP 2021
- Beckley Psytech PML SPV 1 LP 2021
- Space Perspective PML SPV 1 LP 2021
- Halo Industries PML SPV 2 LP 2021
- Elevian PML SPV 1 LP 2021
- Prime Movers Growth Fund I LP 2020
- Prime Movers Lab Fund II LP 2020
- Heliogen PML SPV 1 LP 2020
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-7971176509. Data updated October 13, 2026.
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