Pi Squared Raises $12.5 Million to Advance Zero-Knowledge Computing

IconCryptoNewsTerminal Staff02 Jul, 2024

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Pi Squared Raises $12.5 Million to Advance Zero-Knowledge Computing

Pi Squared, a trailblazing zero-knowledge (ZK) computing company, has secured $12.5 million in seed funding, led by industry giant Polychain Capital. Other notable investors who joined the round include ABCDE, BlockXelerator, Generative Ventures, Robot Ventures, and Samsung Next. This funding milestone will provide a significant boost to Pi Squared's ambitious mission of developing a universal ZK circuit. Utilizing groundbreaking zero-knowledge technology, the company aims to empower businesses and individuals with enhanced privacy and security for their data and computations. The influx of capital will fuel Pi Squared's product development efforts, enabling them to bring their innovative solutions to market. Zero-knowledge computing has emerged as a game-changer in the tech industry, offering unparalleled levels of data protection. With ZK technology, users can prove the validity of their information without revealing its underlying content. This transformative technology holds immense promise for various applications such as secure cloud computing, privacy-preserving identity verification, and auditable blockchain systems. Pi Squared is at the forefront of this rapidly evolving field, leveraging a team of world-class engineers and researchers to push the boundaries of ZK computing. The company's unwavering commitment to innovation has earned them recognition as a rising star in the tech space. With this substantial funding, Pi Squared is poised to accelerate its growth and revolutionize the way we interact with data.