PiLab Technology develops BIFROST, a multichain middleware platform that enables developers to build decentralized apps across multiple protocols. The company has introduced several DeFi and blockchain products, including BiFi, BiFi X, ChainRunner, Biport and an NFT-based play-to-earn game called Summoner. Founded in 2017 by professors Dohyun Pak and Jonghyup Lee, PiLab positions BIFROST as a scalable, interoperable foundation for next-generation blockchains and the metaverse. The firm is focused on building a multichain ecosystem using its own multichain technology. PiLab intends to use recent funding to expand and globalize BIFROST through strategic partnerships and continued development. The article does not disclose operating metrics such as revenue or user counts.

Total raised

$8M

Funding rounds

1

Latest round

Series A

Latest activity

Feb 2022