BabylonChain

company

About

Bring Bitcoin security to all the decentralized systems in the world

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