Boba - About the company
Boba is a series A company based in Palo Alto (United States), founded in 2021 by Alan Chiu, William Shi and Yongdong L. It operates as a Decentralized network platform for Ethereum. Boba has raised $45M in funding from investors like CRYPTO, Ghaf Capital and M13 Company, with a current valuation of $1B. The company has 55 active competitors, including 18 that are funded. Its top competitors include companies like Blockstream, Orbs and Gnosis.
Sectors and market segments that Boba operate in
Boba serves in the High Tech, Blockchain Technology market segments.The primary business model of Boba are:Company Details
Decentralized network platform for Ethereum. It provides users with NFT bridging, save gas, and liquidity pools, reduce gas fees, extends the capabilities of smart contracts, improves transaction, and more. It allows developers to build DApps that invoke code executed on web-scale infrastructure such as AWS Lambda.
- Website
- boba.network
Key Metrics
Founded Year
2021
Location
Palo Alto, United States
Stage
Series A
Total Funding
$45M in 1 round
Latest Funding Round
Post Money Valuation
$1B as on Apr 05, 2022
Ranked
5th among 55 active competitors
Employee Count
10 as on Aug 31, 2026
Investment & Acquisitions
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Boba's funding and investors
Boba has raised a total funding of $45M over 1 round. Its latest funding round was a Series A round on Apr 05, 2022 for $45M. 35 investors participated in its latest round. Boba has 44 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Boba:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 05, 2022 | $45M | Series A | $1B | - |
View details of Boba's funding rounds and investors
Boba's founders and board of directors
Founder? Claim ProfileHere are the details of Boba's key team members:
- Alan Chiu: Co-Founder of Boba.
- William Shi: Co-Founder of Boba.
- Yongdong L: Co-Founder of Boba.
View details of Boba's Founder profiles and Board Members
Boba's employee count trend
Boba has 10 employees as of Aug 26. Here is Boba's employee count trend over the years:
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Boba's Competitors and alternates
Top competitors of Boba include Blockstream, Orbs and Gnosis. Here is the list of Top 10 competitors of Boba, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blockstream 2014, Montreal (Canada), Series C | Developer of cryptocurrency infrastructure software and open source hardware wallets | $651M | 76/100 | |
2nd | Developer of decentralized protocols providing execution services for trading platforms | $15.4M | 65/100 | ||
3rd | Crypto-based financial service provider | $500K | 64/100 | ||
4th | Lightning Labs 2016, San Francisco (United States), Series B | Developer of infrastructure software for the bitcoin lightning payment network | $82.5M | 60/100 | |
5th | Boba 2021, Palo Alto (United States), Series A | Decentralized network platform for Ethereum | $45M | 57/100 | |
6th | Horizen 2017, Delaware City (United States), Funding Raised | Provides cryptocurrency and sidechain platform | - | 56/100 | |
7th | Horizen Labs 2018, Austin (United States), Seed | Blockchain-based infrastructure for sidechain application | $11M | 45/100 | |
8th | Cross-blockchain communication based on Lisk-fork | - | 44/100 | ||
9th | Bitfinity Network 2021, London (United Kingdom), Series A | EVM infrastructure for the internet computer | $7M | 44/100 | |
10th | Solution for developing blockchain-based platform on sidechains | - | 43/100 |
Looking for more details on Boba's competitors? Click here to see the top ones
Boba's Investments and acquisitions
Boba has a total of 1 investment in OpenPad. Boba has not made any acquisitions as of now.Reports related to Boba
Here is the latest report on Boba's sector:
News related to Boba
Media has covered Boba for 1 event in last 1 year.
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Boba Network Integrates Nucleus to Expand Cross-Chain Functionality and Ecosystem AccessibilityCryptoGlobe•Jan 24, 2025•Boba, Nucleus
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OpenPad AI Raises $2M To Transform Web3 Investments With Decentralized AI AnalyticsGlobeNewswire•Dec 02, 2024•OpenPad, Basics Capital, Protein Capital, Spice Capital and 8 others
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Boba Network and Thrive Protocol Launch Thrive Boba Ecosystem Grants To Support Web3 InnovationCryptoGlobe•Oct 18, 2024•Boba, Thrive Protocol
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Boba Network Joins the Superchain Ecosystem, Ushering in a New Era of Interoperability and DecentralizationGlobeNewswire•Sep 17, 2024•Boba
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DeFi, AI, Gaming, RWA Projects Flock to Boba LiftOFF Accelerator to Build for a Better Web3GlobeNewswire•Aug 20, 2024•Boba
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Boba Network Community Invests in Bitgert Coin – Unraveling the MotivationCryptocurrency•Mar 18, 2024•Boba
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