Today marks a pivotal moment for the Pi community.

The Pi Foundation is excited to officially launch Pi Network Ventures, a $100 million development initiative—held in both Pi and USD—that will strategically invest in startups and businesses, particularly those enhancing Pi's utility, adoption, and real-world impact.

Established by the Pi Foundation, an ownerless entity dedicated to long-term ecosystem growth, this initiative draws from the 10% of Pi tokens allocated for foundation reserves. With the recent launch of the Open Network and the enablement of external connectivity, this marks a significant step forward ushering in a new era of real-world integration and impactful utility creation.

Pi Network Ventures is a focused effort to help transform Pi from a widely held token into a widely used one.

The Vision Behind Pi Network Ventures

Pi Network Ventures is built around three core goals:

• Enhance Pi's utility by supporting startups and businesses that integrate Pi into their offerings.
• Enable real-world production on Pi Network, by funding the early development of apps, transactions, and companies that drive such processes.
• Bring Pi into everyday life through real use cases that highlight Pi's accessibility, usability, and global reach.

By aligning incentives and providing resources to high-potential founders and businesses, the initiative aims to establish a self-reinforcing cycle of innovation and adoption that benefits the global Pi community.

Strategic Investment Approach

Pi Network Ventures is one of Pi's two primary strategies to enhance utility:

• High-signal investment and incubation, which targets a select group of high-quality projects.
• Grassroots community efforts, such as hackathons and ecosystem platforms, that scale experimentation and growth from the community level.

This initiative belongs to the former, while grassroots initiatives belong to the latter. Both are essential to Pi's comprehensive ecosystem development.

Supporting Builders from Seed to Scale

Pi Network Ventures will invest in a wide range of companies—from early-stage startups to Series B ventures and beyond—creating more opportunities to support impactful innovation and Pi utility expansion.

Unlike typical crypto programs, Pi Network Ventures stands out in two ways:

1. Cross-industry scope: Investments extend beyond blockchain-native startups to general tech sectors including generative AI, FinTech, ecommerce, marketplaces, and real-world enterprise applications.
2. Traditional VC rigor: The investment process mirrors Silicon Valley standards, including robust sourcing, selection, and vetting processes designed to identify high-impact, disruptive companies.

Real-World Value for Pioneers

At its heart, Pi Network Ventures exists to benefit Pioneers:

• Increased utility: More products, services, and experiences will accept Pi.
• Stronger ecosystem: Businesses onboard new users, boost use cases, and drive meaningful activity.
• Attracting top builders: Strategic investments foster quality integrations and scale adoption.
• Compounding network effects: Each participant adds value to the whole—businesses, developers, and Pioneers alike.
• Access to a massive userbase: With over 19 million KYC-verified users in 200+ countries, portfolio companies gain built-in market access and a powerful competitive edge.

How the Investments Work

While investments are generally USD-denominated, most will be made in Pi, aligning incentives with ecosystem growth. The Foundation is not obligated to deploy the full $100M and will invest based on applicant quality and strategic fit, making decisions over time and as needed.

A New Chapter for Open Network

With the Open Network now live and Pi Network Ventures launched, the Foundation is doubling down on its mission: to drive global utility and build a decentralized, accessible, and economically meaningful ecosystem.

Let's build the future—together.

Entrepreneurs interested in applying can start here. We're excited to see what we'll create—together.