BabylonChain - About the company
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 1271 active competitors, including 276 funded and 27 that have exited. Its top competitors include companies like Solana, Aptos and NEAR.
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
Investors
Ranked
251st among 1271 active competitors
Employee Count
79 as on Jan 31, 2026
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BabylonChain's funding and investors
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 4 angel investors.
Here is the list of recent funding rounds of BabylonChain:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 30, 2024 | 4769113 | Series B | 6980840 | 5583984 | 7670749 | 5639833 |
Feb 27, 2024 | 6300931 | Series A | 3757147 | 2971574 | 8444929 | 1796350 |
Dec 07, 2023 | 2131328 | Series A | 9131955 | 2513851 |
View details of BabylonChain's funding rounds and investors
BabylonChain's founders and board of directors
Founder? Claim ProfileBabylonChain's employee count trend
BabylonChain has 79 employees as of Jan 26. Here is BabylonChain's employee count trend over the years:
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BabylonChain's Competitors and alternates
Top competitors of BabylonChain include Solana, Aptos and NEAR. Here is the list of Top 10 competitors of BabylonChain, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Solana 2010, San Francisco (United States), Series C | Blockchain-based infrastructure for transactions and counting | $374M | 79/100 | |
2nd | Aptos 2021, Palo Alto (United States), Series D | Provider of protocols for building blockchain-based solutions | $350M | 78/100 | |
3rd | NEAR 2017, Zug (Switzerland), Series D | Public blockchain network platform | $542M | 77/100 | |
4th | Mysten Labs 2021, Palo Alto (United States), Series B | Blockchain platform offering Web3 infrastructure solutions | $336M | 76/100 | |
5th | AVA 2018, Brooklyn (United States), Series B | Blockchain-based public network for the financial industry | $368M | 75/100 | |
6th | Blockchain-based public network for decentralized applications | - | 70/100 | ||
7th | DFINITY 2014, Palo Alto (United States), Series C | Blockchain-based public network for building decentralized applications | $164M | 68/100 | |
8th | Concordium 2018, Cham (Switzerland), Series B | Provider of blockchain-based regulatory compliance support platform | $15M | 68/100 | |
9th | Avalanche 2018, Tortola (United Kingdom), Funding Raised | Provider of smart contracts platform for decentralized application development | - | 68/100 | |
10th | Blockchain-based infrastructure for the development of decentralized applications | - | 64/100 | ||
251st | BabylonChain 2021, Palo Alto (United States), Series B | Provider of a blockchin-based network solutions | $96M | 40/100 |
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BabylonChain's Investments and acquisitions
BabylonChain has made no investments or acquisitions yet.
News related to BabylonChain
Media has covered BabylonChain for 1 event in last 1 year, It was about partnerships.
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Babylon Labs & Ledger Partner to Expand Bitcoin DeFi AccessThe Crypto Times•Mar 10, 2026•Ledger, BabylonChain
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Bitcoin Re-Staking Platform 'Lombard' Raises $16 Million in InvestmentBlock Media•Jul 03, 2024•Polychain, Lombard, BabylonChain, dao5 and 9 others
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Lombard Raises $16M Seed Round Led by Polychain Capital to Bring Bitcoin to DeFiAlexaBlockchain•Jul 02, 2024•Lombard, Polychain, Foresight Ventures, dao5 and 9 others
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HTX Ventures Invests in Babylon to Advance Trustless Bitcoin StakingPR Newswire•Jun 01, 2024•BabylonChain, HTX
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Paradigm Leads $70 Million Funding Round for Babylon Bitcoin ProjectFinancial Post•May 30, 2024•BabylonChain, Paradigm, Polychain, Bullish and 12 others
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Babylon Raises $70M To Bridge Bitcoin And EthereumBenzinga•May 30, 2024•BabylonChain, Paradigm, Polychain, Bullish and 9 others
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Babylon Chain aims to enhance Bitcoin’s utility through staking, reveals CEOCryptoSlate•May 02, 2024•BabylonChain
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LBank Labs Announces Strategic Investment in Bedrock to Revolutionize Blockchain StakingShareandstocks•May 02, 2024•LBank Labs, Bedrock, OKX, LongHash and 6 others
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Binance Labs Invests in Babylon to Support Bitcoin StakingCrowdfund Insider•Feb 29, 2024•Binance, BabylonChain, Binance Labs
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