Babylon (Series A)

Funding Details
Awarder
Inbox
Date Award
May 30, 2024
Vertical
Blockchain
Funding URL
View Funding Page
Funding Amount:
$70,000,000

Company Info
Founders
David Tse
Company Description
Babylon builds infrastructure that allows proof-of-stake systems to obtain staking capital from bitcoin. The platform uses modular design and slashing functionality to let stake-base systems, such as blockchains, Layer 2s, DA layers and oracles, incorporate bitcoin as a staking and restaking asset.
Market
Cryptocurrency
Location
US
Coinvestors
Bullish Capital, Polychain Capital, Hashkey Capital, Mantle, Galaxy, Hack VC, ViaBTC Capital, Amber, HTX Ventures

Links