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BabylonChain
company
About
Bring Bitcoin security to all the decentralized systems in the world
- Palo Alto,California,United States
- 1 - 10
- https://babylonchain.io/
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $6.20M
- Industries
- Bitcoin,Blockchain,Cryptocurrency,Security
- Founded date
- Jan 1, 2022
- Number Of Employee
- 1 - 10
- Operating Status
- Active
- Legal Name
- BabylonChain Inc.
- Also Known As
- BBL
Babylon is a VC-backed blockchain project founded by Claude. E. Shannon Award recipient, Professor David Tse from Stanford University. The project’s mission is to bring Bitcoin’s unparalleled security to all PoS blockchains in the world. To this end, we are building, as the bridge between Bitcoin and the PoS world, a new public Cosmos-based PoS blockchain called Babylon with a native token.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
$6.20M
BabylonChain has raised a total of
$6.20M
in funding over 2 rounds. Their latest funding was raised on
Jan 21, 2022 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jan 21, 2022 | Seed | $6.20M | 5 |
IDG Capital
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
5
BabylonChain is funded by 5 investors.
IDG Capital
and Alumni Ventures
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
IDG Capital
|
Yes | Seed |
Alumni Ventures
|
— | Seed |
Continue Capital
|
— | Seed |
DHVC
|
— | Seed |
Exponential Ventures
|
— | Seed |
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