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Protocol Labs

Venture capitaloperating company · company profile

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

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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
17

Team · 7 people

from the firm's website & curated & public directories

Founder mafia

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

What they invest in

from 16 of 17 portfolio companies

Crypto & Web3 ×10Fintech ×7Data & Infrastructure ×6Deep Tech ×5AI & Machine Learning ×3Cybersecurity ×3Enterprise Software ×3Advanced Manufacturing ×2

HQs:United States×3Switzerland×1Germany×1France×1United Kingdom×1Hong Kong×1

Investments · 17 tracked

founders shown can be your intro path

By year:2025 · 32024 · 52023 · 12022 · 211 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

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

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

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

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)Christian Kaul(Founder)in

Co-investorsNGP Capital1kxHV CapitalTS Venturesvery early Ventures

MetaPalsmetapals.petin𝕏

Crypto & Web3FintechGamingSingapore, SG

Co-investorsTechstarsAcequia Capital (AceCap)BlueYard Capital

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 & Web3Social

Co-investors359 CapitalA.Capital VenturesAdvancit CapitalArchetypeCollab+CurrencyInspired Capital+7 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

Lisbon-founded builder-reputation platform behind Builder Score, acquired by recruiting firm IPTS in August 2026.

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+5 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 CapitalFactionInformed Ventures Advisors, Llc+7 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 VenturedlabFactionMetaplanet+5 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

Portfolio news

latest coverage across their companies

Frequently asked questions

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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