🦊/Investors

Protocol Labs

Venture capitaloperating company · company profile

San Francisco · Pre-Seed–Series A · 7 people tracked

Find your way into Protocol Labs

3,784 people in our graph share verified history with the Protocol Labs team — schools, employers, funds. One of them is your warm intro.

Javier Solterounlockedknows Jason Rosenthal · together at Netscape (overlapped)
×6knows the team · via Stanford University
×2knows the team · via Stanford University Graduate School of Business
knows the team · via Andreessen Horowitz
knows the team · via University of Pennsylvania
knows the team · via Y Combinator
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Investment thesis

Protocol Labs operates as an innovation network aimed at driving breakthroughs in computing to advance humanity. It connects hundreds of startups, investment funds, accelerators, foundations, service providers, and other organizations working at the frontiers of computing, including web3, AI, AR, VR, brain-computer interfaces, and hardware. Members collaborate across the network to solve shared problems, exchange knowledge and resources, and accelerate research and development. The organization is known for incubating decentralized web and storage protocols such as IPFS and Filecoin, and has transitioned into a decentralized network of independent teams building openly toward a better technological future.

Source: firm website, verified Aug 23, 2026.

Stage
Pre-Seed–Series A
HQ
San Francisco, US
Instruments
Grants
Founded
2014
Last 12 months
3 investments
Tracked investments
28
Acquisitions
1

Team · 7 people

from the firm's website & curated & public directories

6 people who came through Protocol Labs went on to found or lead other companies.

What they invest in

from 27 of 28 portfolio companies

Crypto & Web3 ×17Data & Infrastructure ×11AI & Machine Learning ×10Fintech ×9Deep Tech ×6Cloud Computing ×4Cybersecurity ×4Developer Tools ×4

HQs:United States×7Canada×1Switzerland×1Germany×1France×1United Kingdom×1

Investments · 28 tracked

founders shown can be your intro path

By year:2025 · 32024 · 52023 · 12022 · 82021 · 12020 · 119 dated

Filebasefilebase.comin✓ verified

Filebase provides S3-compatible object storage with high-speed uploads and downloads, free egress, and a verifiable fingerprint for every object.

Cloud ComputingData & InfrastructureDeveloper ToolsBoston, US

Zachary Cohen(Director)Joshua Noble(Executive Officer, Director)in

Co-investorsMulticoin CapitalRyan SelkisVersion One VenturesDelta Blockchain

BitRobotbitrobot.ai𝕏

BitRobot is a decentralized network that coordinates researchers, hardware operators, and compute providers to advance embodied AI and robotics R&D.

AI & Machine LearningCrypto & Web3Robotics

Michael Cho

Co-investorsBig Brain HoldingsTioga Capital PartnersFabric VenturesZee Prime Capital

Canza Financecanza.ioin𝕏Jan 2024 · $2.3M

Canza Finance is a Web3 company combining DeFi, crypto-assets, and traditional financial infrastructure to provide financial products for individuals and businesses in Africa and other emerging markets.

Crypto & Web3Fintech

Pascal Ntsama IV(Co-founder & CEO)inOyedeji Oluwoye(Co-founder & CMO)in

Co-investorsAdaverseFenbushi CapitalFlori VenturesHyperithmMapleblock CapitalStratified Capital+3 more

Coinfeedscoinfeeds.ioin𝕏Jul 2022 · $2M

CoinFeeds offers custom AI agent development for investment funds, enabling managers to connect natural language processing to financial data sources including SEC filings, earnings calls, and internal documents.

AI & Machine LearningCrypto & Web3Fintech

Co-investorsCoinbase Ventures

Elementelement.comin

Element Materials Technology provides materials testing, product qualification, and assurance services for customers in aerospace, space, defense, and energy sectors.

Advanced ManufacturingDeep TechDefense TechEnterprise SoftwareMedical DevicesNew Materials

Rick Sluiters(CEO of Element Aero, Space & Defense)

Co-investors3i GroupForesite CapitalMetaplanetT. Rowe PriceVenrock

Elementelement.market𝕏

Element is an NFT marketplace on Ethereum where users can create, swap, and trade NFT collections, with real-time floor price and volume data tracking.

Crypto & Web3Marketplaces

Co-investorsBitDAOMantle NetworkForesite CapitalMetaplanetT. Rowe PriceVenrock

Enlightraenlightra.cominDec 2025

Enlightra develops photonic optical interconnects using comb laser technology to enable high-bandwidth, low-power data transfer for data centers and AI infrastructure.

Advanced ManufacturingData & InfrastructureDeep TechHardwareLausanne, CH

John Jost(Founder)inMaxim Karpov(Founder)in

Co-investorsTRAC (Third Round Analytics Capital)Y CombinatorAsymmetry VenturesPegasus Tech VenturesRuna Capital

Functionlandfx.landin𝕏Jan 2022 · $1.1M

Functionland operates a decentralized blockchain network (Fula) managed by Fula Governance Association, a Switzerland-based entity.

Cloud ComputingCrypto & Web3Data & InfrastructureFintechIoTToronto, CA

Co-investorsDelta BlockchainTechstarsContango Digital AssetsDoraHacksMaster VenturesOutlier Ventures+1 more

Gensyngensyn.ai𝕏Jun 2023 · $43M

Gensyn provides decentralized infrastructure for AI models to train, verify, trade, and evolve using cryptographic verification and on-chain identity mechanisms.

AI & Machine LearningCrypto & Web3Data & InfrastructureLondon, GB

Ben Fielding(CEO)inHarry Grieve(CTO)in

Co-investorsa16z cryptoAndreessen HorowitzCoinFundCounterview CapitalDigital Finance GroupEntrepreneur First+4 more

Glifglif.io𝕏Feb 2024 · $4.5M

GLIF provides DeFi and liquid staking infrastructure for the Filecoin network, including staking pools and a loyalty rewards program tied to its $GLF token.

Crypto & Web3Data & InfrastructureFintech

Jonathan Schwartz(Founder)

Co-investorsMulticoin CapitalZee Prime CapitalStruck CapitalBig Brain HoldingsFinTech Collective

Hex Trusthextrust.comin𝕏

Hex Trust builds technology platforms serving large financial institutions in the banking and finance sector.

Crypto & Web3Enterprise SoftwareFintech

Alessio Quaglini(Founder & CEO)in

Co-investorsEterna CapitalFenbushi CapitalQBN CapitalRyze LabsToken Bay CapitalWintermute+5 more

Impossible Cloudimpossiblecloud.comin

Impossible Cloud provides enterprise cloud infrastructure with a channel/partner-first model, offering S3-compatible object storage and bare metal NVIDIA GPU servers with transparent per-terabyte and per-GPU-card-hour pricing.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareHamburg, DE

Dr. Kai Wawrzinek(Co-founder)inChristian Kaul(Founder)in

Co-investorsNGP Capital1kxHV CapitalTS Venturesvery early Ventures

Infurainfura.ioin𝕏Apr 2021 · $65M

Infura provides infrastructure and API services for developers building decentralized applications.

Crypto & Web3Data & InfrastructureDeveloper Tools

Eleazar Galano(Founder)

Co-investorsBitDAODeepTech VenturesFenbushi CapitalIOSG VenturesMantle NetworkAlameda Research+4 more

Joynjoyn.oneinApr 2022

Joyn is a software product that connects engineering and work tools to give customer-facing teams visibility into product progress.

AI & Machine LearningHR TechBrooklyn, US

Seraina Macia(Founder & CEO)

Co-investorsProject Voice Capital PartnersTechstarsAvanta VenturesAxia8 VenturesBixin VenturesCohen Circle+8 more

MetaPalsmetapals.petin𝕏

Crypto & Web3FintechGamingSingapore, SG

Co-investorsBlueYard CapitalTechstarsAcequia Capital (AceCap)

poappoap.xyzin𝕏Aug 2022 · $4.2MDefunct

POAP Inc builds digital collectibles on Web3 that serve as proofs of attendance at events and experiences, enabling people to preserve memories and discover communities.

Crypto & Web3SocialNew York, US

PATRICIO WORTHALTER(Executive Officer, Director)inOLGA ISABEL GONZALEZ(Executive Officer)

BoardRICO MALLOZZI(Director)inTOMAS SORACCO(Director)

Co-investors359 CapitalA.Capital VenturesAdvancit CapitalArchetypeCollab+CurrencyInspired Capital+11 more

Spexispexi.comin𝕏Oct 2022

Spexi provides drone-captured geospatial imagery delivered via API for machine learning pipelines.

AI & Machine LearningData & InfrastructureDeep TechHardware

Bill Lakeland(Founder)in

Co-investorsMoonshots CapitalBlockchange VenturesDapper Labs

Spheronspheron.networkin𝕏

Spheron operates a GPU cloud marketplace that aggregates compute capacity from certified data centers worldwide, offering NVIDIA GPUs (H100, H200, B200, A100) at 40-60% below hyperscaler pricing.

AI & Machine LearningCloud ComputingData & Infrastructure

Prashant Maurya(Founder)in

Co-investorsArcanum VenturesiSeedNexus Venture PartnersZ47

Spruce Systemsspruceid.comin𝕏Apr 2022 · $34M

SpruceID provides digital identity systems for governments and regulated industries, enabling secure verification and authentication across legacy and modern infrastructure.

Crypto & Web3CybersecurityData & InfrastructureDigital HealthEnterprise SoftwareGovTechNew York City, US

Wayne Chang(Founder)inGregory Rocco(Founder)in

Co-investorsA.Capital Venturesa16z cryptoAndreessen HorowitzBrighter CapitalCoinbase VenturesElectric Capital+6 more

Spruce Systemssprucesystems.comApr 2022 · $34M

Spruce Systems provides an AI tool for commercial landscaping companies that captures property context during routine maintenance and generates site audit reports for account managers.

AI & Machine LearningSaaSSales Tech

Max Makeev(Founder)inMatt Fitzgerald(Founder)in

Co-investors2048 VenturesAndreessen HorowitzElectric CapitalEthereal Ventures Management Ltd.Okta VenturesRobot Ventures+2 more

Synchronsynchron.comin𝕏Nov 2025 · $200M

Synchron develops brain-computer interface technology delivered via catheter to restore or improve motor and cognitive function in people with impairment or decline.

BiotechDeep TechMedical DevicesCampbell, US

Thomas James Oxley(Executive Officer, Director)Nicholas Opie(Director)inThomas Oxley(Founder)in

BoardRahul Sharma(Director)Alex Morgan(Director)inMartin Dieck(Director)

Co-investorsARCH Venture PartnersForepont Capital PartnersID8 InvestmentsKaleida CapitalKhosla VenturesBezos Expeditions+4 more

Talent Protocoltalentprotocol.comAcquired

Talent Protocol computes a "Builder Score" that turns a person's public GitHub and blockchain activity into a verified onchain reputation score, run in the browser using public APIs with no account required.

AI & Machine LearningCrypto & Web3Developer Tools

Co-investorsCoinbase VenturesFlori VenturesGood News Ventures

Thirdwebthirdweb.comin𝕏Aug 2022 · $24M

thirdweb provides a developer platform for building web3 applications, offering tools for creating and managing tokens, bridging and swapping across blockchain networks, and wallet infrastructure.

Crypto & Web3Developer Tools

Co-investorsBitDAODraft Ventures LlcFoundersHaun VenturesMantle NetworkShrug Capital+6 more

TransCryptstranscrypts.comin𝕏Oct 2025 · $15M

TransCrypts is a blockchain-based platform for verifying and sharing employment, health and educational credentials.

CybersecurityData & InfrastructureFintechNewark, US

Zain Zaidi(Founder)inZain Z(Founder)

Co-investorsAlpha EdisonAlumni VenturesAtland VenturesBeyond CapitalCALIFORNIA INNOVATIONFaction+9 more

WeatherXM Community-powered DePIN weather networkweatherxm.comin𝕏May 2024 · $7.7M

WeatherXM operates a community-powered decentralized (DePIN) weather network where owners deploy solar-powered weather stations and earn $WXM token rewards for contributing data.

Climate TechCrypto & Web3IoT

Stratos Theodorou(Founder)in

Co-investorsPlaceholder VCLightspeed FactionBorderless VentureConsenSys MeshdlabFaction+6 more

Zamazama.aiin𝕏Mar 2024 · $73M

Zama provides a protocol that encrypts transaction amounts, balances, and commercial references on public blockchains while keeping addresses public, enabling confidential onchain corporate payments such as cross-border vendor settlement, marketplace payouts, and treasury flows.

AI & Machine LearningCrypto & Web3CybersecurityDeep TechFintechSilicon Valley, FR

Rand Hindi(Founder)in

Co-investorsHack VCLunar VenturesMetaplanetMulticoin CapitalStake CapitalVsquared Ventures+4 more

Zamazama.orgin𝕏Mar 2024 · $73M

Zama provides encryption technology for onchain finance that keeps blockchain addresses public while encrypting transaction amounts and commercial references at the token level.

Crypto & Web3CybersecurityDeep TechFintech

Rand Hindi(Founder)in

Co-investorsMulticoin CapitalSignum CapitalBlockchange VenturesMetaplanetPantera CapitalStake Capital+1 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Data Protocol

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Protocol Labs made?
Protocol Labs has 28 tracked investments, 1 of which have exited, including 3 dated in the last 24 months.
What stage does Protocol Labs invest at?
Protocol Labs invests at the Pre-Seed, Seed, Series A stages.
What sectors does Protocol Labs focus on?
Protocol Labs focuses on AI & Machine Learning, Cloud Computing, Crypto & Web3, Data & Infrastructure, Deep Tech, Hardware, Robotics, SaaS.
Where is Protocol Labs located?
Protocol Labs is headquartered in San Francisco, US.

Media · Podcasts & interviews

featuring the team

Reigniting the cypherpunk spirit with Juan Benet x Protocol Labs

Web3Privacy Now · Juan Benet

Juan Benet (Protocol Labs)

The Slow Hunch · Juan Benet

Protocol Labs Founder Juan Benet on Decentralizing the Internet with IPFS & Filecoin

The Defiant - DeFi, Web3 & NFT Insights · Juan Benet

Keynote Speaker: Juan Benet, Founder & CEO, Protocol Labs

Berkeley RDI Center on Decentralization & AI · Juan Benet

Juan Benet | Neurotech as a Protocol Labs Focus Area @ Paths to Progress

Foresight Institute · Juan Benet

Juan Benet I InterPlanetary Consensus I Protocol Labs I Pragma Denver 2024

ETHGlobal · Juan Benet

Images

Protocol Labs photo

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