Pi Squared Raises $12.5 Million in Seed Funding Led by Polychain Capital to Develop a Universal ZK Circuit

spot_imgspot_img

**Pi Squared Secures $12.5 Million in Seed Funding Led by Polychain Capital to Create Universal ZK Circuit**

Pi Squared, a pioneering force in the blockchain space, has successfully raised $12.5 million in a seed funding round led by Polychain Capital. The capital will fuel the development of a universal Zero-Knowledge (ZK) circuit. This innovative circuit is powered by a unique mechanism known as Proof of Proof, which aims to enhance the efficiency, security, and scalability of blockchain networks.

The significant investment highlights the growing interest and confidence in Zero-Knowledge technology, seen as a pivotal advancement for the future of decentralized systems. Pi Squared plans to leverage this funding to accelerate their technology’s development, aiming to set new standards in the blockchain industry. This move is expected to further catalyze the adoption of ZK solutions across various applications.