Pi Squared, a startup based in Champaign, Illinois, has recently closed its first capital raise led by Polychain Capital. The capital raise included a syndicate of investors such as ABCDE, Bloccelerate, Generative Ventures, Robot Ventures, and Samsung Next. This investment will propel Pi Squared’s vision of revolutionizing verifiable computing using zero-knowledge (ZK) technology in a unique and fundamentally revolutionary way.
The CEO of Pi Squared, Grigore Roșu, who is also a Computer Science Professor at the University of Illinois Urbana-Champaign, stated that their mission is to revolutionize verifiable computing. The aim is to make it universal for all languages and virtual machines, inherently correct-by-construction, and lightning-fast. The long-term vision of Pi Squared goes beyond just blockchain technology, with plans to settle all science and knowledge on a universal settlement layer (USL).
Pi Squared’s proof of proof technology is set to have a transformative impact across Web3 and beyond. By creating a universal ZK circuit, Pi Squared will significantly increase the reach and applicability of Web3 for developers and end-users alike. This technology will enable the next generation of verifiable computing that is universal, scalable, and minimizes the trust base.
The first product powered by Pi Squared is the Universal Settlement Layer (USL). This architecture for modular blockchains will enable various characteristics such as universality, provable correctness, trust base minimality, app interoperability, determinism, and reproducibility. The USL will provide end-to-end correctness guarantees for generic computations while promoting verifiable computing as the standard distributed computing paradigm.
Events and Presentations
Pi Squared will be presenting and exhibiting at events around EthCC in Brussels from July 8th to 11th. Attendees will have the opportunity to listen to Pi Squared’s CEO, Grigore Roșu, speak at Restaking & Infra Day on July 8th and L2con on July 9th. This will be a valuable opportunity for individuals interested in the future of verifiable computing and its applications.
Pi Squared, which stands for ZK proofs of mathematical proofs, is at the forefront of revolutionizing verifiable computing. Led by Grigore Roșu, a renowned UIUC professor and founder of the K framework, Pi Squared comprises researchers and founders with expertise in formal methods, blockchain, and AI/ML. For those interested in learning more about Pi Squared and its innovative technologies, booking a meeting with the team can be done by reaching out to contact@pi2.network.
Overall, Pi Squared’s proof of proof technology is poised to reshape the landscape of verifiable computing and pave the way for a more secure, transparent, and efficient future in the realm of blockchain and beyond. With its commitment to universality, correctness, and scalability, Pi Squared is set to make a lasting impact on the industry.