Fundraising Fox

PiSquared

Champaign, US · Founded 2023 · 8 employees on LinkedIn · 5 known investors

Pi2 Labs builds Fast, a payment system designed for AI agents to transfer money globally with high throughput, agent-to-agent transparency, and instant finality through parallel settlement. It targets the agentic economy, applying expertise in formal verification and AI systems.

Also known as Pi2 Labs · Pi² Labs · Pi2 Network

Founders & leadership

PiSquared was founded in 2023 by Grigore Rosu.

GR
Grigore RosuinFounder
ZH
Zhixuan HuangExecutive
MA
Musab AlturkiExecutive

Investors · 5

Reported raises · per SEC filings

Form D private placements

$16.4M disclosed across 2 rounds · 2024–2025

$3.9MraisedApr 2026 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Zhixuan HuangExecutive Officer, Director
  • Musab AlturkiExecutive Officer
  • Grigore RosuExecutive Officer, Director
Offering amount
$3.9M
Amount sold
$3.9M
Minimum investment
$10K
First sale
Apr 2025
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12.5MraisedApr 2026 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Grigore RosuExecutive Officer, Director
  • Zhixuan HuangExecutive Officer, Director
  • Musab AlturkiExecutive Officer
Offering amount
$12.5M
Amount sold
$12.5M
Minimum investment
$10K
First sale
May 2024
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Pi² Labs (pi2.network) is developing Fast, a payment system aimed at what the company calls the agentic economy — transactions initiated and settled by autonomous AI agents rather than people. The company's premise is that existing payment infrastructure was not designed for agent-driven activity, which it argues will require throughput on the order of millions of transactions per second, transparency between interacting agents, and immediate settlement finality.

Fast's stated technical approach is parallel settlement, intended to allow agents to transfer value globally and securely at what the company describes as internet speed with verifiable, instant finality at machine speed. The company publishes a whitepaper, research materials and developer documentation, and maintains a Discord community for developers and users.

Founding story

Pi² Labs was co-founded by Grigore Rosu, who serves as Co-Founder and CEO. Rosu earned a Ph.D. in computer science from UC San Diego, worked at NASA on spacecraft software, and as a professor at the University of Illinois Urbana-Champaign created the K Framework for formal verification of programming languages. He previously founded Runtime Verification, which applied formal verification to distributed financial markets. The company presents Fast as an extension of more than 25 years of that formal-verification and systems work into global payments infrastructure for agents.

Traction

The company publishes a whitepaper, research materials and developer documentation, and operates community channels; the product is described as under construction.

Full profile — market position, technology, go-to-market, geography

Market position

Pi² Labs positions Fast against existing payment systems, which it characterizes as not built for autonomous agents due to limits in throughput, transparency between agents and settlement finality.

The company frames its distinguishing assets as a team drawn from formal verification and AI systems research, and a parallel-settlement design intended to combine very high transaction throughput with instant, verifiable finality and agent-to-agent transparency.

Technology

Fast is designed around parallel settlement as the mechanism for high-throughput payments, targeting millions of transactions per second, agent-to-agent transparency and instant finality. The team's stated foundation is formal verification and AI systems expertise, including the K Framework for formally verifying programming languages, applied to achieving verifiable finality at machine speed.

Go-to-market

Developer-led: the company publishes a whitepaper, research and documentation, invites developers to start building, runs a Discord community and offers an email subscription for product and company updates.

AI agents and the developers building them; the company positions Fast for the agentic economy and provides developer documentation for teams integrating agent payments.

Geography

Fast is positioned as a system for moving money globally.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does PiSquared do?
Pi² Labs is building Fast, a payment system designed to let AI agents move money globally with instant finality.
Who founded PiSquared?
PiSquared was founded by Grigore Rosu in 2023.
Who are PiSquared's investors?
PiSquared's investors include Bloccelerate VC, Borderless Venture, Generative Ventures, Hypersphere Ventures, Samsung Next.
How much funding has PiSquared raised?
PiSquared has disclosed $16.4M raised across 2 rounds.
Where is PiSquared headquartered?
PiSquared is headquartered in Champaign, US.