Babylon is a blockchain project that designs security sharing protocols for the decentralized economy, founded in 2022 by Stanford Professor David Tse and Dr. Fisher Yu. Professor Tse is a member of the U.S. Academy of Engineering. He is renowned as the inventor of the legendary proportional-fair scheduling algorithm for wireless communications, and is the recipient of prestigious awards such as the IEEE Claude E. Shannon Award and the IEEE Richard W. Hamming Medal. The project is led by a team of consensus protocol researchers and experienced layer 1 engineers from around the world.

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Funding Events

Date	Amount	Type	Investors	Valuation
12/09/23	$18,000,000	Venture	Breyer Capital Castle Island Ventures Finality Capital Framework Venture Partners Hack VC IOSG Ventures OKX Ventures Polychain Capital Polygon Ventures Symbolic Capital	undisclosed
05/30/24	$70,000,000	Venture	Bullish Capital Paradigm Polychain Capital	undisclosed