# Mina Foundation

Mina Foundation is a Foundation based in San Francisco, United States.

## Overview

- **Organization type:** Foundation
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** minaprotocol.com
- **LinkedIn:** https://www.linkedin.com/company/mina-foundation

## Regulatory record

- **Reports private funds:** No

## About

Mina Foundation is a San Francisco-based organization founded in 2021. It focuses on developing a privacy and security layer for web3 using zero knowledge proofs. The foundation has secured $92 million in total funding.

## Sectors

- AI/ML
- Enterprise Software
- FinTech

## People

- Evan Shapiro — CEO and Co-Founder
- Izaak Meckler — CTO and Co-Founder

## Questions

### Who runs investment and grant decisions at Mina Foundation?

Evan Shapiro and Izaak Meckler, the co-founders, provide strategic direction for the foundation's grant programs. Day-to-day grant decisions are executed by the foundation's ecosystem development team, with community governance input through Mina Improvement Proposal processes.

### How does Mina Foundation differ from O(1) Labs?

O(1) Labs is the for-profit development company that originally built Mina Protocol and continues core protocol engineering under grant from the foundation. Mina Foundation is a separate non-profit entity responsible for protocol stewardship, ecosystem grants, and community governance — distinct governance structures with no shared equity ownership.

### Does Mina Foundation take equity in the projects it funds?

No. The foundation operates a grants-based deployment model, funding milestone-driven development through the Mina ecosystem treasury rather than acquiring equity stakes. This aligns with its non-profit structure and focus on public goods infrastructure for the protocol.

### What types of projects does Mina Foundation prioritize?

The foundation prioritizes zero-knowledge application development, core protocol infrastructure, and developer tooling. Specific focus areas include privacy-preserving identity solutions, ZK-rollups, bridges to other blockchains, and applications that leverage Mina's ability to verify off-chain data without exposing underlying information.

### How does Mina's 22-kilobyte size affect developer adoption?

The constant 22-kilobyte chain size means developers building on Mina do not need to sync hundreds of gigabytes of historical state. Any device — including smartphones and web browsers — can verify the chain's integrity directly, reducing infrastructure costs and enabling lightweight client-side verification for applications.

### Is Mina Foundation actively deploying capital outside of protocol grants?

No. The foundation deploys exclusively through protocol grants and ecosystem development programs. It does not operate a venture investment arm, hold liquid token positions for trading, or participate in yield-generating activities — its mandate is limited to protocol stewardship and grant distribution.

### Which jurisdictions does Mina Foundation operate in?

Mina Foundation is incorporated in the Cayman Islands with operations coordinated from San Francisco. Its grant recipients and engineering contributors are distributed across North America, Europe, and Asia, reflecting the global development community around the protocol.

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- [Intertek](https://altss.com/profile/intertek-group-plc)
- [PaceZero Capital](https://altss.com/profile/pacezero-capital)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/mina-foundation

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