Polychain Capital And Hack Vc Lead $18 Million Funding Round For Bitcoin Staking Protocol Babylon
Amount Raised
$18 Million
Round Type
Funding Round
Investors
Description
Babylon, the project that aims to build a Bitcoin-secured decentralized world, today announced the close of its $18 million funding round. The round was co-led by Polychain Capital and Hack VC, with participation from Framework Ventures, Polygon Ventures, Castle Island Ventures, OKX Ventures, Finality Capital, Breyer Capital, Symbolic Capital, IOSG Ventures and many other investors. The funds will be used to bolster the advancement of Babylon's Bitcoin Staking protocol, which converts the 21 million bitcoins into a decentralized staking asset for the Proof-of-Stake economy in a trustless way.
Quick answer
Babylon raised $18 Million in a Funding Round round, dated December 7, 2023. Investors: Dhvc, IDG, IOSG Ventures, Symbolic Capital, Breyer Capital, Finality Capital, OKX Ventures and Castle Island Ventures. Babylon is based in Palo Alto, California, United States.
- How much did Babylon raise?
- Babylon raised $18 Million in a Funding Round round on December 7, 2023.
- Who invested in Babylon?
- Dhvc, IDG, IOSG Ventures, Symbolic Capital, Breyer Capital, Finality Capital, OKX Ventures and Castle Island Ventures are named as investors in this round.
- What does Babylon do?
- Babylon is one of the world’s fastest growing digital healthcare companies whose mission is to make high-quality healthcare accessible and affordable for every person on Earth.
- Where is Babylon based and how big is it?
- Babylon is based in Palo Alto, California, United States. Fundz records about 70 employees.
- Who are the decision-makers at Babylon?
- Fundz holds 5 contacts at Babylon. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Security and Blockchain around the same time
Companies in the same sectors as Babylon that raised within 45 days of this round, from Fundz verified event records.
- Mega Matrix raised $7.5M on January 17, 2024.
- Nakamoto raised $444K (Seed) on December 28, 2023.
- Lolli raised $8M (Series B) on December 14, 2023.
- Andalusia Labs raised $48M (Series A) on December 13, 2023.
- Crypto Co raised $50K (Seed) on November 24, 2023.
- Rho Labs raised $2.2M (Seed) on November 16, 2023.
Who to call at Babylon, and when
A new round usually means Babylon is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Babylon raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Babylon, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Babylon. With Fundz connected, it knows.
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Fundz sees it the moment Babylon raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Babylon raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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