# Protocol Labs Portfolio Map 2026: 46 Startups by Sector

> Protocol Labs's portfolio mapped: 46 startups it has backed, in 5 sectors from Web3 & Crypto, AI and IT Services on.

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

## Web3 & Crypto

22

- [Cryptio](https://millionrounds.com/company/cryptio)
- [thirdweb](https://millionrounds.com/company/thirdweb)
- [Anytype](https://millionrounds.com/company/anytype)
- [*DJ* double jump.tokyo](https://millionrounds.com/company/double-jump-tokyo)
- [Decrypt](https://millionrounds.com/company/decrypt)
- [Polybase](https://millionrounds.com/company/polybase)
- [Cubist](https://millionrounds.com/company/cubist)
- [Degame](https://millionrounds.com/company/degame)
- [GitPOAP](https://millionrounds.com/company/gitpoap)
- [*R* Randamu](https://millionrounds.com/company/randamu)
- [Powerloom Protocol](https://millionrounds.com/company/powerloom-protocol)
- [Compute Labs](https://millionrounds.com/company/compute-labs)
- [Huddle01](https://millionrounds.com/company/huddle01)
- [STYLE Protocol](https://millionrounds.com/company/style-protocol)
- [Coinfeeds](https://millionrounds.com/company/coinfeeds)
- [MeMusic](https://millionrounds.com/company/memusic)
- [Functionland](https://millionrounds.com/company/functionland)
- [*B* Bunkyr](https://millionrounds.com/company/bunkyr)
- [Lomads](https://millionrounds.com/company/lomads)
- [Ephere Football](https://millionrounds.com/company/ephere-football)
- [Peeranha](https://millionrounds.com/company/peeranha)
- [AstraKode](https://millionrounds.com/company/astrakode)

## AI

10

- [*F* Fleek](https://millionrounds.com/company/fleek)
- [*P* Parasail](https://millionrounds.com/company/parasail)
- [Impossible Cloud Network](https://millionrounds.com/company/impossible-cloud-network)
- [Gensyn](https://millionrounds.com/company/gensyn)
- [Akave](https://millionrounds.com/company/akave)
- [Bagel AI](https://millionrounds.com/company/bagel-ai)
- [Jordan.ai](https://millionrounds.com/company/jordan-ai)
- [Mosaia](https://millionrounds.com/company/mosaia)
- [Numbers Protocol](https://millionrounds.com/company/numbers-protocol)
- [Leather Corp](https://millionrounds.com/company/leather-corp)

## IT Services

5

- [Fabric Cryptography](https://millionrounds.com/company/fabric-cryptography)
- [CyberConnect](https://millionrounds.com/company/cyberconnect)
- [WeatherXM](https://millionrounds.com/company/weatherxm)
- [Lumino](https://millionrounds.com/company/lumino)
- [CurrentsFM](https://millionrounds.com/company/currentsfm)

## Cloud

5

- [*EA* Exabits AI](https://millionrounds.com/company/exabits-ai)
- [Fluence Cloud](https://millionrounds.com/company/fluence-cloud)
- [Tableland](https://millionrounds.com/company/tableland)
- [Impossible Cloud](https://millionrounds.com/company/impossible-cloud)
- [Alt Labs](https://millionrounds.com/company/alt-labs)

## Fintech

4

- [Toku](https://millionrounds.com/company/toku)
- [Tephra Labs](https://millionrounds.com/company/tephra-labs)
- [Glif](https://millionrounds.com/company/glif)
- [Canza Finance](https://millionrounds.com/company/canza-finance)

## Segment by segment

### Web3 & Crypto

22 startups · $149M raised

- [**Cryptio**](https://millionrounds.com/company/cryptio) Enterprise-grade back office software for digital assets France $45M
- [**thirdweb**](https://millionrounds.com/company/thirdweb) Thirdweb is a full-stack, open-source Web3 development platform that facilitates the creation, deployment, and scaling of decentra United States $24M
- [**Anytype**](https://millionrounds.com/company/anytype) Anytype is a privacy-focused technology company based in Berlin, Germany, founded in 2018. Germany $13M
- [*DJ* **double jump.tokyo**](https://millionrounds.com/company/double-jump-tokyo) double jump.tokyo Is a blockchain game developer and NFT solution provider for large-scale enterprises in the gaming & entertainment sector. Japan $10M
- [**Decrypt**](https://millionrounds.com/company/decrypt) Decrypt is a prominent media company and digital content platform focused on the cryptocurrency, blockchain, and digital asset industries. United States $10M
- [**Polybase**](https://millionrounds.com/company/polybase) Polybase is building a zk-powered L2 for private transactions. United States $8.0M
- [**Cubist**](https://millionrounds.com/company/cubist) Cubist is a security-focused infrastructure company based in San Diego, California, founded in 2022. United States $7.0M
- [**Degame**](https://millionrounds.com/company/degame) DeGame is a Singapore-based blockchain technology company founded in 2021 as part of L2Y Research. Singapore $6.5M

### AI

10 startups · $156M raised

- [*F* **Fleek**](https://millionrounds.com/company/fleek) United States $50M
- [*P* **Parasail**](https://millionrounds.com/company/parasail) United States $36M
- [**Impossible Cloud Network**](https://millionrounds.com/company/impossible-cloud-network) Impossible Cloud Network (ICN) is a decentralized cloud infrastructure project founded in 2024 and headquartered in Zug, Switzerland. Switzerland $34M
- [**Gensyn**](https://millionrounds.com/company/gensyn) Gensyn is a London-based decentralized infrastructure company that focuses on creating the Network for Machine Intelligence. United Kingdom $17M
- [**Akave**](https://millionrounds.com/company/akave) Akave is a cloud infrastructure company based in Wilmington, Delaware, specializing in enterprise and AI data storage. United States $10M
- [**Bagel AI**](https://millionrounds.com/company/bagel-ai) Bagel AI is your product decision partner. United States $5.5M
- [**Jordan.ai**](https://millionrounds.com/company/jordan-ai) Let AI find your next job. United States $3.0M
- [**Mosaia**](https://millionrounds.com/company/mosaia) Mosaia is a software development company to build AI in the open United States $300K

### IT Services

5 startups · $61M raised

- [**Fabric Cryptography**](https://millionrounds.com/company/fabric-cryptography) Fabric Cryptography is a deep tech startup based in Santa Clara, California, founded in 2021-2022. United States $33M
- [**CyberConnect**](https://millionrounds.com/company/cyberconnect) CyberConnect is a decentralized social graph protocol with identity sovereignty for mass adoption and network effects. United States $15M
- [**WeatherXM**](https://millionrounds.com/company/weatherxm) WeatherXM is a Swiss technology company that has established the world’s first community-powered, decentralized physical infrastru Greece $7.7M
- [**Lumino**](https://millionrounds.com/company/lumino) Lumino specializes in data mining and tools that provide insights, intelligent analytics, increased market impact, and performance. United States $2.8M
- [**CurrentsFM**](https://millionrounds.com/company/currentsfm) CurrentsFM is a set of tools that directly supports our grassroots music communities. United States $2.5M

### Cloud

5 startups · $35M raised

- [*EA* **Exabits AI**](https://millionrounds.com/company/exabits-ai) Exabits is a decentralized infrastructure for AI and applications that enables users to offer distributed GPU services and data storage. United States $15M
- [**Fluence Cloud**](https://millionrounds.com/company/fluence-cloud) Decentralized cloud computing platform to deploy workloads on CPU and GPU cloud at 85% lower costs than hyperscalers Hong Kong SAR China $9.0M
- [**Tableland**](https://millionrounds.com/company/tableland) Tableland is a California-based open-source platform that provides decentralized cloud database solutions for businesses. United States $8.0M
- [**Impossible Cloud**](https://millionrounds.com/company/impossible-cloud) Impossible Cloud is a Hamburg-based cloud storage company founded in 2021. Germany $1.5M
- [**Alt Labs**](https://millionrounds.com/company/alt-labs) Building infrastructure to decentralise todays data centers Serbia $1.0M

### Fintech

4 startups · $60M raised

- [**Toku**](https://millionrounds.com/company/toku) Unrivaled access, premier storytelling, and the best of business since 1930. Chile $48M
- [**Tephra Labs**](https://millionrounds.com/company/tephra-labs) Tephra Labs is building infrastructure for a modern, global way of doing work. United States $5.0M
- [**Glif**](https://millionrounds.com/company/glif) Glif is an AI creative platform developed by Spellcasters, Inc. Bahamas $4.5M
- [**Canza Finance**](https://millionrounds.com/company/canza-finance) Canza Finance is a Web3 neobank and decentralized finance (DeFi) platform founded in 2020 and based in Lagos, Nigeria. United States $2.3M

**How this map is made.** Every startup here has raised money in a round we track that names Protocol Labs as an investor, the first in 2021. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

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

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