# Who Invests With Protocol Labs: 38 Co-Investors (2026)

> The 38 investors that have backed two or more of the same startups as Protocol Labs, by kind: vc firms, accelerators and private equity and asset managers.

Source: https://millionrounds.com/portfolio-maps/protocol-labs-co-investors (Millionrounds; every figure on the page links to its filing or article)

## VC firms

30

- [Techstars](https://millionrounds.com/fund/techstars)
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital)
- [Hack VC](https://millionrounds.com/fund/hack-vc)
- [ConsenSys](https://millionrounds.com/fund/consensys)
- [Soma Capital](https://millionrounds.com/fund/soma-capital)
- [Blockchange Ventures](https://millionrounds.com/fund/blockchange-ventures)
- [BlueYard Capital](https://millionrounds.com/fund/blueyard-capital)
- [1kx](https://millionrounds.com/fund/1kx)
- [Orange DAO](https://millionrounds.com/fund/orange-dao)
- [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital)
- [LongHash Ventures](https://millionrounds.com/fund/longhash-ventures)
- [Change Ventures](https://millionrounds.com/fund/change-ventures)
- [Polychain](https://millionrounds.com/fund/polychain)
- [HashKey Capital](https://millionrounds.com/fund/hashkey-capital-2)
- [Amber Group](https://millionrounds.com/fund/amber-group)
- [HV Capital](https://millionrounds.com/fund/hv-capital)
- [FJ Labs](https://millionrounds.com/fund/fj-labs)
- [Digital Currency Group](https://millionrounds.com/fund/digital-currency-group)
- [Maven 11 Capital](https://millionrounds.com/fund/maven-11)
- [Betaworks](https://millionrounds.com/fund/betaworks)
- [Robot Ventures](https://millionrounds.com/fund/robot-ventures)
- [Buckley Ventures](https://millionrounds.com/fund/buckley-ventures)
- [NGC Ventures](https://millionrounds.com/fund/ngc-ventures)

+6 more

## Accelerators

5

- [Y Combinator](https://millionrounds.com/fund/y-combinator)
- [Outlier Ventures](https://millionrounds.com/fund/outlier-ventures)
- [Alliance](https://millionrounds.com/fund/alliance)
- [Borderless Capital](https://millionrounds.com/fund/borderless-capital)
- [AppWorks](https://millionrounds.com/fund/appworks)

## Private equity and asset managers

3

- [Polygon](https://millionrounds.com/fund/polygon)
- [Gaingels](https://millionrounds.com/fund/gaingels)
- [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2)

## Segment by segment

### VC firms

30 investors

- [**Techstars**](https://millionrounds.com/fund/techstars) VC firm United States 7 backed
- [**Alumni Ventures**](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm United States 6 backed
- [**Blockchain Capital**](https://millionrounds.com/fund/blockchain-capital) VC firm United States 5 backed
- [**Hack VC**](https://millionrounds.com/fund/hack-vc) VC firm United States 5 backed
- [**ConsenSys**](https://millionrounds.com/fund/consensys) VC firm United States 4 backed
- [**Soma Capital**](https://millionrounds.com/fund/soma-capital) VC firm United States 4 backed
- [**Blockchange Ventures**](https://millionrounds.com/fund/blockchange-ventures) VC firm United States 4 backed
- [**BlueYard Capital**](https://millionrounds.com/fund/blueyard-capital) VC firm Germany 4 backed

### Accelerators

5 investors

- [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 9 backed
- [**Outlier Ventures**](https://millionrounds.com/fund/outlier-ventures) Accelerator United Kingdom 4 backed
- [**Alliance**](https://millionrounds.com/fund/alliance) Accelerator United States 3 backed
- [**Borderless Capital**](https://millionrounds.com/fund/borderless-capital) Accelerator United States 2 backed
- [**AppWorks**](https://millionrounds.com/fund/appworks) Accelerator Taiwan 2 backed

### Private equity and asset managers

3 investors

- [**Polygon**](https://millionrounds.com/fund/polygon) Hedge fund Cayman Islands 5 backed
- [**Gaingels**](https://millionrounds.com/fund/gaingels) Private equity United States 2 backed
- [**Pioneer Fund**](https://millionrounds.com/fund/pioneer-fund-2) Private equity United States 2 backed

**How this map is made.** Every investor here has backed two or more of the same startups as Protocol Labs, in rounds we track. Grouped by kind, each ranked by how many startups it shares with Protocol Labs. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Portfolio map **Protocol Labs portfolio map** 46 startups · $461M](https://millionrounds.com/portfolio-maps/protocol-labs-portfolio-map)[Sector portfolio **Protocol Labs' Web3 & Crypto portfolio** 19 startups · $84M](https://millionrounds.com/portfolio-maps/protocol-labs-web3-crypto-portfolio)[Co-investors **Who invests with Google Ventures** 712 co-investors](https://millionrounds.com/portfolio-maps/gv-co-investors)[Co-investors **Who invests with Salesforce Ventures** 532 co-investors](https://millionrounds.com/portfolio-maps/salesforce-ventures-co-investors)[Co-investors **Who invests with Intel Capital** 376 co-investors](https://millionrounds.com/portfolio-maps/intel-capital-co-investors)[Co-investors **Who invests with Coinbase Ventures** 259 co-investors](https://millionrounds.com/portfolio-maps/coinbase-co-investors)

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