PL Capital
PL Capital is a venture capital firm that invests in computing breakthroughs and is part of Protocol Labs. The firm focuses on frontier technology investments across various sectors, including neurotechnology, cryptocurrency, artificial intelligence, and biotechnology. PL Capital emphasizes neurotechnology as "the next human frontier," targeting companies in three key areas: brain-computer interfaces (BCIs), NeuroAI, and connectomics. The firm aims to invest in innovations that restore human capability, enhance it, and evolve it for the future. Its portfolio includes companies such as Echo, E
Investing activity
PL Capital appears in 2 AI deals tracked by the AI Lounge deals desk, and led 2 of them. The rounds are mostly Seed, with a median round size of $5M. The most recent are t54 Labs (Seed, $5M, Aug 2026) and t54 Labs (Seed, $5M, Feb 2026).
PL Capital most often invests alongside Anagram, Franklin Templeton, Virtuals Ventures and Ripple, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about PL Capital
What AI companies has PL Capital invested in?
PL Capital's AI investments include t54 Labs. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
What stage does PL Capital invest at?
In the rounds tracked on AI Lounge, PL Capital has invested at Seed, with a median round of $5M. PL Capital led 2 of those rounds.
Who does PL Capital co-invest with?
PL Capital's most frequent co-investors on AI Lounge are Anagram (2 deals), Franklin Templeton (2 deals), Virtuals Ventures (2 deals), Ripple (2 deals) and Blockchain Coinvestors (1 deal).
How can founders reach PL Capital?
Founders on AI Lounge can see PL Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add PL Capital to their Investor Pipeline to track the conversation.