ZK technology verification company Pi Squared completes $12.5 million seed round of financing, led by Polychain Capital

Odaily News Pi Squared, a ZK technology verification company, has completed a $12.5 million seed round of financing, led by Polychain Capital, with participation from ABCDE, Bloccelerate, Generative Ventures, Robot Ventures and Samsung Next, as well as angel investors including Justin Drake of the Ethereum Foundation and Sreeram Kanaan, founder of EigenLayer. The new round of financing will be used to expand the company's planned products. Pi Squared CEO Grigore Rosu said that Pi Squared's first product is a "universal settlement layer" that can settle blockchain transactions in any programming language. (Coindesk)