The pre-seed round was backed by a broad syndicate of investors including CoinTelegraph Accelerator, Outlier Ventures, and Protocol Labs.
"We are delighted to achieve this significant initial pre-seed raise for our token,"
Protocol Labs invests in companies building the next generation of the internet and operates as a fully distributed, open-source organisation.
Portfolio
3
companies
Metropolis World
Metropolis World builds an interconnected ecosystem spanning digital and physical commerce, gaming, and avatars.
Gensyn
Gensyn builds a decentralised compute protocol for artificial intelligence systems.
Element
Element provides secure open source collaboration and messaging apps built on the Matrix standard.

Juan Benet
CEO
Juan leads Protocol Labs and PL Capital, bringing founding experience across multiple organisations.
LinkedInThe pre-seed round was backed by a broad syndicate of investors including CoinTelegraph Accelerator, Outlier Ventures, and Protocol Labs.
"We are delighted to achieve this significant initial pre-seed raise for our token,"
The Series A round was led by a16z crypto with participation from a broad group of venture firms to expand the team and accelerate product rollout.
"We believe in computational liberty,"
Protocol Labs and Metaplanet led the Series B round to accelerate product development for mainstream users and enterprises.
"We’re delighted to have been in a position to choose two more mission-driven investors who back companies that will improve the internet to benefit humankind,"