Babylon Finance raised $1 M in a Seed Round round on 2021-03-04.

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According to media reports, Babylon Finance raised $1 M in a Seed Round round on 2021-03-04.the investors in this funding round include Alliance DAO,Semantic Ventures,Dialectic,AngelDAO,Cluster Capital,Harvest Finance,Meltem Demirors,Nick Chong,Darren Lau,Jason Kam and others. Following this round, Babylon Finance has raised a total of $1 M, bringing its latest valuation to $10 M.
Babylon Finance is an Ethereum-based asset management platform that leverages these features to enable individuals and groups to create investment communities. This allows participants with similar interests to invest in DeFi together. Community members (investors) can either be passive and simply deposit their capital or take an active role in voting on and creating strategies, while also receiving a share of the profits for doing so.

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BABL Fundraising History
RoundAmountValuationTimeInvestor(s)
Seed Round$1 M$10 M2021-03-04Alliance DAO,Semantic Ventures,Dialectic,AngelDAO,Cluster Capital,Harvest Finance,Meltem Demirors,Nick Chong,Darren Lau,Jason Kam
Key Milestones
  • 2022-08-31
    Babylon Finance announced that it would shut down
  • 2021-03-05
    Babylon Finance raised $ 1.9 M in Seed round
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