Coin

<p>Rumors have recently surfaced that Pi Network, the mobile-mining cryptocurrency project, has received $15 billion in funding. Recently various social media accounts are sharing screenshot of an image showing business description and key information of Pi network.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfa3wYLYMem_lJIee1DOXJT1bgbSliE1W28N5a3qtBaS4M-3rdM0rfvHWLR6ff8eD0J3hriKeXjNqDQTAI6pX2y38S7VTvPE9WaLcJh8pJYkgTeDte0Tu93v59_hn5B45igkOCo-xHtNFHVBH1ezAGpUWRq?key=0qVVpBel8KcoZSqJclOjLw" alt="Dr. Pi's Twitt">
  <figcaption class="wp-element-caption">
   Source: <a href="https://x.com/Pi_Coins/status/1842209945090920497" target="_blank" data-type="link" data-id="https://x.com/Pi_Coins/status/1842209945090920497" rel="noreferrer noopener nofollow">Twitter</a>
  </figcaption>
 </figure>
</div> 
<p>Pi Network officially hasn’t disclosed any such information. However, these rumors are based on data taken from Tracxn Scan, a platform that lets investors discover trending businesses around the globe.</p> 
<p>To verify these claims, we at CryptoTimes checked the Tracxn website and found no such information. The funding details for Pi Network remain undisclosed on the website.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeea7yoGijZS1gKZozHsnHGtsiqfN_e5zP0TAe0VY_u10rB5u3OvCGAFMzGoNr9dNu0nsJRJMNznMR-shaH8hcIGv7CeKZbTEHClKE4HG7ty_1v2aol--m6VcrOeffXjukmGR-NlDW7GJE3xh_xRfvszO1g?key=0qVVpBel8KcoZSqJclOjLw" alt="Funding &amp; Invetors of Pi Network">
  <figcaption class="wp-element-caption">
   Source: Tracxn
  </figcaption>
 </figure>
</div> 
<p>Pi Network has received investment from three significant investors: Designer Fund, 137 Ventures, and Ulu Ventures. While the exact funding amount remains undisclosed, their backing adds to the project’s credibility and long-term potential.</p> 
<p>On the other hand, the crypto community and Pi enthusiasts are now eagerly awaiting the official launch of Pi, anticipating that it could revolutionize the space with its unique mobile-mining mechanism and massive global user base.</p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>Also Read: <a href="https://www.cryptotimes.io/2024/08/15/upcoming-pi-mainnet-launch-check-speculative-pi-coin-price/" target="_blank" rel="noreferrer noopener">Upcoming Pi Mainnet Launch: Check Speculative Pi Coin Price</a></p> 
</blockquote>

Pi Network’s $15B Funding: What’s Really Going On?

The Crypto Times

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