Daniel Ek: From Spotify Pioneer to European Tech Visionary

Daniel Ek, Founder of Spotify, plans to step down as CEO next year to focus on building technology supercompanies in Europe. Through his firm, Prima Materia, Ek pledges to invest €1 billion in early-stage startups in sectors like AI, climate, and health tech. His investments, such as in defense tech firm Helsing, have sparked artist backlash.


Devdiscourse News Desk | Updated: 01-10-2025 10:34 IST | Created: 01-10-2025 10:34 IST
Daniel Ek: From Spotify Pioneer to European Tech Visionary
Daniel Ek

Daniel Ek, the visionary behind Spotify, is set to leave his role as CEO next year to channel his efforts towards pioneering tech ventures in Europe.

Through his venture capital firm, Prima Materia, Ek commits to investing €1 billion in transformative projects, particularly in AI, climate, and health technologies.

Despite his success, Ek has faced criticism for his investments in defense technology, leading to a backlash from artists and raising questions about Spotify's influence.

(With inputs from agencies.)

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