Ex-Goldman Star Singh Partners With Young VC Firm For New SPAC

The hedge fund manager’s Axon Capital is teaming up with Prime Movers Lab.

Dinakar Singh (Jin Lee/Bloomberg

Dinakar Singh

(Jin Lee/Bloomberg

Dinakar Singh is planning to launch a blank-check company.

The founder of Axon Capital disclosed that he is seeking to raise at least $150 million for AxonPrime Infrastructure Acquisition Corporation, according to a regulatory filing.

The hedge fund manager is partnering with Dakin Sloss’ Prime Movers Lab LLC, which manages a number of venture capital funds that make early and growth stage investments in what it deems to be “breakthrough” scientific companies.

The

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