When was BabylonChain founded?

BabylonChain was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is BabylonChain located?

BabylonChain is headquartered in Palo Alto, United States.

How many employees does BabylonChain have?

As of May 31, 2026, the latest employee count at BabylonChain is 77.

Is BabylonChain a funded company?

BabylonChain is a funded company, having raised a total of $96M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 2022.

When was the latest funding round of BabylonChain?

BabylonChain's latest funding was a $***** Series B round on May 30, 2024, with participation from 25 investors.

Where does BabylonChain rank among its competitors?

BabylonChain ranks 43rd amongst 1322 active competitors, of which 286 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Celestia, which secured $100M in Sep, 2024.

Who are the top competitors of BabylonChain?

BabylonChain's top competitors include Mysten Labs, Aptos and Solana. Among them, Celestia secured the most recent funding round in September, 2024.

BabylonChain - 2026 Company Profile, Funding & Competitors

BabylonChain is a series B company based in Palo Alto (United States), founded in 2021. It operates as a Provider of a blockchin-based network solutions. BabylonChain has raised $96M in funding from investors like IDG Capital, Binance and Paradigm. The company has 1322 active competitors, including 286 funded and 30 that have exited. Its top competitors include companies like Mysten Labs, Aptos and Solana.

Company Details

Provider of a blockchin-based network solutions. It provides users with a blockchain platform that aims to enable Bitcoin holders to earn yields from their idle Bitcoins in a secure way, without the need for third-party trust or Bitcoin bridging to other chains.

Key Metrics

Founded Year

2021

Location

Palo Alto, United States

Stage

Series B

Total Funding

$96M in 4 rounds

Latest Funding Round

Series B, May 30, 2024, $*****

Investors

IDG Capital & 42 more

Ranked

43^rd among 1322 active competitors

Employee Count

77 as on May 31, 2026

Similar Companies

Mysten Labs & 216 more

View BabylonChain's full profile

BabylonChain has raised a total funding of $96M over 4 rounds. Its first funding round was on Mar 2022. Its latest funding round was a Series B round on May 30, 2024 for $*****. 25 investors participated in its latest round. BabylonChain has 38 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of BabylonChain:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 30, 2024	7451344	Series B	6402296	7869067	2370183	8281307
Feb 27, 2024	4570745	Series A	6606924	1236158	4780078	4487824
Dec 07, 2023	8487414	Series A	2333356	9987505	Polychain Capital & 1 more	Framework Ventures & 8 more

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View details of BabylonChain's funding rounds and investors

BabylonChain's employee count trend

BabylonChain has 77 employees as of May 26. Here is BabylonChain's employee count trend over the years:

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Top competitors of BabylonChain include Mysten Labs, Aptos and Solana. Here is the list of Top 10 competitors of BabylonChain, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mysten Labs 2021, Palo Alto (United States), Series B	Blockchain platform offering Web3 infrastructure solutions	$336M	Andreessen Horowitz, FTX & 42 others	82/100
2nd	Aptos 2021, Palo Alto (United States), Series D	Provider of protocols for building blockchain-based solutions	$350M	Andreessen Horowitz, FTX & 33 others	79/100
3rd	Solana 2010, San Francisco (United States), Series C	Developer of enterprise infrastructure for issuing assets and digital payments	$374M	500 Global, Andreessen Horowitz & 95 others	79/100
4th	NEAR 2017, Zug (Switzerland), Series D	Public blockchain network platform	$542M	Andreessen Horowitz, Tiger Global Management ... & 91 others	77/100
5th	AVA 2018, Brooklyn (United States), Series B	Blockchain platform for smart contracts and custom subnets	$368M	Andreessen Horowitz, R8 Capital & 22 others	75/100
6th	Ethereum 2013, Toronto (Canada), Series B	Blockchain-based public network for decentralized applications	-	DJ Yakisoba Capital Partners, KR1 & 109 others	70/100
7th	Chain 2014, San Francisco (United States), Acquired	Blockchain solutions empowering businesses to thrive in the Web3 era	$39.5M	Nasdaq, RRE Ventures & 26 others	70/100
8th	DFINITY 2014, Palo Alto (United States), Series C	Blockchain-based public network for building decentralized applications	$164M	Andreessen Horowitz, Polychain & 60 others	68/100
9th	Avalanche 2018, Tortola (United Kingdom), Funding Raised	Provider of smart contracts platform for decentralized application development	-	GAINS Associates, Kernel Ventures & 44 others	68/100
10th	Celestia 2011, Vaduz (Liechtenstein), Series C	Blockchain-based modular consensus and data network	$204M	Bain Capital Crypto, Syncracy & 48 others	67/100
43rd	BabylonChain 2021, Palo Alto (United States), Series B	Provider of a blockchin-based network solutions	$96M	Breyer Capital, Castle Island Ventures & 41 others	57/100