Tech Company Financing Transactions

BabylonChain Funding Round

BabylonChain closed a $70 million financing round on 5/30/2024. Investors included Paradigm, Bullish and Polychain Capital.

Transaction Overview

Company Name
Announced On
5/30/2024
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its development efforts.

Company Information

Company Status
Private & Independent
Industry
Security
Mailing Address
Undisclosed
Palo Alto, CA Undisclosed
USA
Phone
Undisclosed
Email Address
Overview
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 PoSblockchain called Babylon with a native token.
Profile
BabylonChain LinkedIn Company Profile
Social Media
BabylonChain Company Twitter Account
Company News
BabylonChain News
Facebook
BabylonChain on Facebook
YouTube
BabylonChain on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Fisher Yu
  Fisher Yu LinkedIn Profile  Fisher Yu Twitter Account  Fisher Yu News  Fisher Yu on Facebook


 

 

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