Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»TRADING NEWS»Pi Squared Raises $12.5M in Seed Funding Led by Polychain Capital to Build Universal ZK Circuits Powered by Proof of Proof
TRADING NEWS

Pi Squared Raises $12.5M in Seed Funding Led by Polychain Capital to Build Universal ZK Circuits Powered by Proof of Proof

By Crypto FlexsJuly 3, 20244 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Pi Squared Raises .5M in Seed Funding Led by Polychain Capital to Build Universal ZK Circuits Powered by Proof of Proof
Share
Facebook Twitter LinkedIn Pinterest Email

CHAMPAIGN, ILLINOIS, USA, July 2, 2024, Chainwire

Pi Squared (Proof of Proof) announced that it has closed its first round of capital. The syndicate led by Polychain Capital includes ABCDE, Bloccelerate, Generative Ventures, Robot Ventures, and Samsung Next. Angel investors include Shumo Chu, Harish Devarajan, Justin Drake, Sreeram Kanaan, Csongor Kiss, George Lambeth, Yilong Li, Calvin Liu, Lucian Mincu, Karthik Raju, and Common Prefix.

Pi Squared enables trustless remote computing, AI, and interoperable smart contracts for any blockchain or dApp using zero-knowledge (ZK) technology in a precise and fundamentally unique way. This will be possible by creating a universal, non-disarmable, small ZK circuit that verifies the integrity of mathematical proofs, providing computational correctness guarantees that are directly verifiable in a formal sense across all languages ​​and virtual machines (VMs) without translation to a common language, VM, or instruction set architecture (ISA).

“Our mission is to revolutionize verifiable computation so that it is universally applicable to any language and virtual machine, intrinsically structurally correct, and lightning fast,” says Grigore Roșu, CEO of Pi Squared and a CS professor at the University of Illinois Urbana-Champaign. “This has many applications, including a universal settlement layer (USL) that allows all blockchains, L1 and L2, to be universal, correct, interoperable, and efficient. It doesn’t end there. Our long-term mission is to anchor all science and knowledge in the USL.”

“Pi Squared’s proof technology will have a transformative impact on Web3 and beyond,” said Karthik Raju, GP at Polychain Capital. “Pi Squared’s universal ZK circuits will significantly increase the reach and applicability of Web3 for everyone from builders to end users.”

Pi Squared enables universal, scalable, next-generation verifiable computing with an optimal minimum trust base. The first product powered by Pi Squared is the Universal Settlement Layer (USL), an architecture for modular blockchains that enables the following properties:

catholicity

Computations can be expressed in high-level languages ​​or virtual machine languages ​​without the need for compilers or translators.

Verifiable accuracy

Computations verified by the USL are proven to be mathematically correct, and external entities can independently verify the correctness of the USL state.

Trust-based minimum

USL exposes all trust assumptions in upper-layer computations to increase transparency and end-user awareness, and minimizes trust bases through proofs of correctness.

App Interoperability

USL supports interoperability between various application modules and networks (e.g. appchains).

Determinism and reproducibility

Validation can be reproducibly and independently verified by external agencies.

Pi Squared’s USL therefore provides end-to-end correctness guarantees for general computations while minimizing the trust bases on which these computations are based. The USL promotes verifiable computation as a standard distributed computing paradigm without requiring or promoting any specific domain-specific language (DSL), VM, or execution environment, while being efficient and scalable.

Pi Squared will be presenting and exhibiting at events around EthCC in Brussels from July 8th to 11th. Attendees can also hear Pi Squared CEO Grigore Roșu speak at Restaking & Infra Day on July 8th and at L2con on July 9th.

About Pi Squared

Pi Squared stands for ZK proofs of mathematical proofs. Pi Squared uses ZK technology in a fundamentally unique way, with correctness by composition. Universal and surprisingly small ZK circuits provide verifiable computational correctness guarantees for any language and VM, without translation to a common language, VM, or ISA. Pi Squared is led by UIUC Professor Grigore Rosu, founder of the K Framework and Runtime Verification, and consists of researchers and founders of successful projects in formal methods, blockchain, and AI/ML.

To schedule a meeting with Pi Squared’s CEO and team, attendees can contact: (email protected).

To learn more about Pi Squared’s vision and Proof of Proof, visit pi2.network and follow Pi Squared on social media.

contact

Marketing Manager
Chris Hazelton
Pie Squared Co., Ltd.
(email protected)

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Last Opportunity-The bonus stage of the light chain AI begins after closing all 15 pre-sales stages.

June 29, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025
Add A Comment

Comments are closed.

Recent Posts

Last Opportunity-The bonus stage of the light chain AI begins after closing all 15 pre-sales stages.

June 29, 2025

Its Important To Know What’s Really Going On?

June 29, 2025

Elon Musk, SpaceX And Crypto Hype: What’s Really Going On?

June 28, 2025

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Last Opportunity-The bonus stage of the light chain AI begins after closing all 15 pre-sales stages.

June 29, 2025

Its Important To Know What’s Really Going On?

June 29, 2025

Elon Musk, SpaceX And Crypto Hype: What’s Really Going On?

June 28, 2025
Most Popular

Blockchain Association Raises Concerns About Warren’s Proposed Cryptocurrency AML Bill in Letter to Congress

February 13, 2024

MIT and Harvard alumni launch startup accelerator to support web3 founders

March 9, 2024

Advanced AI systems are already ‘self-aware’ – ASI Alliance founder

September 26, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.