# PL Capital

> PL Capital is a family of venture strategies connected to the Protocol Labs network. It backs technically ambitious founders working across cryptography, decentralized systems, artificial intelligence, brain-computer interfaces, NeuroAI and connectomics, then adds network access, technical context, talent and go-to-market support. Its three visible platforms - PL Capital Crypto, PLC Neurotech and Protocol Labs Venture Studio - place the firm between a conventional early-stage investor, a deep-tech specialist and a company-building studio.

- **Founded:** 2025
- **Headquarters:** San Francisco, United States
- **Team size:** Approximately 9-11 people based on LinkedIn and supplied company data in 2026.
- **Products:** PL Capital Crypto, PLC Neurotech, Protocol Labs Venture Studio, Network and operating support
- **Notable:** Built a visible three-part platform spanning crypto, neurotechnology and venture creation within its first year as the PL Capital brand., Backed Prime Intellect from its early stage; the company announced a $130 million Series A and more than 6,000 customers in July 2026., Co-led t54 Labs' $5 million seed round in February 2026 alongside Anagram and Franklin Templeton.

## Products & services

- **PL Capital Crypto** — An early-stage venture strategy investing in cryptographic and decentralized primitives applied to AI, physical infrastructure, enterprise software and financial rails.
- **PLC Neurotech** — A specialist investment strategy focused on brain-computer interfaces, NeuroAI and connectomics companies working to restore, enhance and eventually evolve human capability.
- **Protocol Labs Venture Studio** — A company-building studio that partners with founders translating cutting-edge research into startups, with support in technical architecture, product strategy, operations and ecosystem positioning.
- **Network and operating support** — Founder support drawing on the Protocol Labs network for talent, go-to-market help, technical feedback, research connections and access to other funders.

## Achievements

- Built a visible three-part platform spanning crypto, neurotechnology and venture creation within its first year as the PL Capital brand.
- Backed Prime Intellect from its early stage; the company announced a $130 million Series A and more than 6,000 customers in July 2026.
- Co-led t54 Labs' $5 million seed round in February 2026 alongside Anagram and Franklin Templeton.
- Its disclosed neurotechnology portfolio spans 10 companies across brain-computer interfaces, NeuroAI and connectomics.
- Its venture studio publicly lists nine companies, including Allo, Akave, BitRobot, CoinList, FernAI and Number0.

## Latest updates

- **2026-07** — Prime Intellect, which PL Capital says it backed from the start, announced a $130 million Series A led by Radical Ventures with participation from NVIDIA Ventures, Intel Capital and Dell Technologies Capital.
- **2026-06** — PL Capital Crypto Offshore Fund I filed an amended Form D with the SEC.
- **2026-02** — PL Capital co-led t54 Labs' $5 million seed round with Anagram and Franklin Templeton.
- **2025-09** — Belfort announced a $6 million seed round that included Protocol VC, the registered adviser managing the PL Capital Crypto strategy.
- **2025-06** — PL Capital Crypto Onshore Fund I filed a Form D for an indefinite pooled investment fund offering.

## Links

- Website: https://plcapital.xyz
- LinkedIn: https://www.linkedin.com/company/protocolvc
- Twitter/X: https://x.com/plcapital
- YouTube: https://www.youtube.com/c/ProtocolLabs

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Profile page: https://yespress.io/pl-capital
Published by YesPress — https://yespress.io
Last updated: 2026-08-16