# Protocol Labs' Web3 & Crypto Investments: 19 Startups in Its Portfolio (2026)

> The 19 Web3 & Crypto startups Protocol Labs has backed, by stage: $84M raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/protocol-labs-web3-crypto-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Pre-seed and seed

16

- [Polybase](https://millionrounds.com/company/polybase)
- [Cubist](https://millionrounds.com/company/cubist)
- [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)

## Series A

3

- [thirdweb](https://millionrounds.com/company/thirdweb)
- [Anytype](https://millionrounds.com/company/anytype)
- [Degame](https://millionrounds.com/company/degame)

## Segment by segment

### Pre-seed and seed

16 startups · $40M raised

- [**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
- [**GitPOAP**](https://millionrounds.com/company/gitpoap) A decentralized reputation platform focused on representing off-chain accomplishments and contributions as POAPs. United States $4.3M
- [*R* **Randamu**](https://millionrounds.com/company/randamu) Randamu is a leading provider of cryptographic RaaS (Randomness as a Service) solutions. United States $3.3M
- [**Powerloom Protocol**](https://millionrounds.com/company/powerloom-protocol) Powerloom Protocol is a decentralized data network designed to support the data needs of smart contract-based applications, partic United States $3.1M
- [**Compute Labs**](https://millionrounds.com/company/compute-labs) Compute Labs is a financial services company founded in 2024 that specializes in tokenizing AI compute resources on the Solana blockchain. United Kingdom $3.0M
- [**Huddle01**](https://millionrounds.com/company/huddle01) Building the decentralized real-time communication network. United States $2.8M
- [**STYLE Protocol**](https://millionrounds.com/company/style-protocol) STYLE Protocol provides gamers to transcend identities within the multiverse. Switzerland $2.5M

### Series A

3 startups · $44M raised

- [**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
- [**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

**How this map is made.** Every startup here works in Web3 & Crypto and has raised money in a round we track that names Protocol Labs as an investor. Each sits under the stage of its latest round. 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)[Co-investors **Who invests with Protocol Labs** 38 co-investors](https://millionrounds.com/portfolio-maps/protocol-labs-co-investors)[Sector portfolio **Coinbase Ventures' Web3 & Crypto portfolio** 168 startups · $5.7B](https://millionrounds.com/portfolio-maps/coinbase-web3-crypto-portfolio)[Sector portfolio **Salesforce Ventures' AI portfolio** 115 startups · $181B](https://millionrounds.com/portfolio-maps/salesforce-ventures-ai-portfolio)[Sector portfolio **Google Ventures' AI portfolio** 81 startups · $16B](https://millionrounds.com/portfolio-maps/gv-ai-portfolio)[Sector portfolio **Google Ventures' Biotech portfolio** 74 startups · $12B](https://millionrounds.com/portfolio-maps/gv-biotech-portfolio)

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