Pi Network Launches $100M Venture Fund to Invest in Startups Building on Its Platform

The Pi Foundation today announced the launch of Pi Network Ventures, a $100 million development initiative aimed at investing in startups and businesses that drive Pi adoption and utility.

The Pi Foundation is launching Pi Network Ventures, a $100 million development initiative to invest in startups and businesses that drive the adoption and utility of Pi.

The foundation will split the fund between PI tokens and US dollars. It will be sourced from 10% of the PI supply allocated for foundation reserves.

Pi Network’s $100 Million Venture to Improve Utility

The project has been teasing this announcement throughout the week. Pi Network Ventures will support early-stage to Series B companies that integrate Pi into products, services, or business processes.

Also, investments will focus on sectors beyond crypto, including AI, fintech, ecommerce, embedded payments, and consumer applications.

“Pi Network Ventures has officially launched—a $100 million initiative, held in Pi and USD, to invest in startups and businesses that advance the utility and real-world adoption of Pi. Go to the Pi mining app home screen to learn more.This strategic program intends to invest in promising early-stage to Series B companies.

Investments will be made in startups that are integrating Pi into their products, services, or business processes across diverse sectors, including AI, fintech, ecommerce, embedded payments, and consumer applications.

We are also open to investing in interesting companies that are not yet focused on Pi but have strong potential for rapid growth and synergy with the Pi ecosystem.

The Pi Foundation will be deploying a Silicon Valley-style sourcing, selection, and vetting process to identify and engage promising startups.

We will be making the majority of our investments directly into Pi tokens, which aligns the incentives of our investments with the long-term growth of the Pi ecosystem.

This initiative is part of a broader effort by the Pi Foundation to expand the use cases and utility of Pi in the real world and to support the development of new and innovative applications of blockchain technology.

The goal of the Pi Network Ventures fund is to accelerate the creation of real-world use cases for Pi, which in turn will strengthen the network effects among tens of millions of KYC-verified users of the Pi Chain.

The startups and businesses that are selected for investment will be able to benefit from the experience and expertise of the Pi Foundation team, as well as the foundation’s network of contacts in the blockchain industry.

The Pi Network Ventures fund will be funded by 10% of the total PI allocated for foundation reserves. This portion of the foundation’s token holdings will be used to invest in startups and businesses that are building the future of Web3.

The $100 million is guaranteed to be fully deployed and will be invested over time depending on the quality and number of applicants.

This venture marks a major development step as Pi seeks broader real-world integration and decentralized utility expansion. After a major downturn in the past few months, PI has seen increased trading and buying pressure in May.

As of May 14, the altcoin is still 85% over the past two weeks. This bullish is being driven by the latest Binance listing rumors and the coin’s fast-growing popularity in Europe.