Music streaming giant Spotify co-founder Daniel Ek led a funding round worth $693.6 million for German defense tech company Helsing, sparking debate among artists about boycotting platforms due to their ties with defense firms. Ek’s investment through his venture capital firm Prima Materia has raised concerns among some artists who question the impact of such actions and the relevance of funding music through defense technology.
Source: https://www.washingtonpost.com/entertainment/2025/09/25/bands-leaving-spotify-protest-military-investments