Babel Finance

About

Babel Finance is a global cryptocurrency financial service provider serving institutional and HNW investors.

Hong Kong,Hong Kong Island,Hong Kong
https://www.babel.finance

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $80M
Industries: Blockchain,Cryptocurrency,Financial Services,FinTech
Founded date: Aug 1, 2018
Operating Status: Active
Investor Type: Venture Capital

Babel Finance is a global leading cryptocurrency financial institution dedicated to serving high-net-worth individuals and institutional clients worldwide with professional crypto financial services including 3 core businesses: crypto lending, crypto asset management, and crypto prime financing.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$120M

Babel Finance has raised a total of $120M in funding over 2 rounds. Their latest funding was raised on May 25, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 25, 2022	Series B	$80M	5	10T Holdings Jeneration Capital	—	Detail
May 10, 2021	Series A	$40M	6	BAI capital Bertelsmann Dragonfly Sequoia Capital China Tiger Global Management Zoo Capital	—	Detail
Mar 5, 2020	Series Unknown	—	2	—	—	Detail
Nov 1, 2018	Seed	—	1	NGC Ventures	—	Detail

Investments

Number of Investments

Number of Lead Investments

3

1

Babel Finance has made 3 investments. Their most recent investment was on May 10, 2022, when Atato raised $6M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
May 10, 2022 Atato	Series A	$6M	Blockchain	—
Dec 9, 2021 Paradigm	Series A	$35M	Cryptocurrency	—
Jun 1, 2021 Custonomy	Seed	$2M	Bitcoin	Yes

Investors

Number of Lead Investors

Number of Investors

9

11

Babel Finance is funded by 11 investors. 10T Holdings and Jeneration Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
10T Holdings	Yes	Series B
Jeneration Capital	Yes	Series B
Bertelsmann	Yes	Series A
Sequoia Capital China	Yes	Series A
Tiger Global Management	Yes	Series A
Zoo Capital	Yes	Series A
NGC Ventures	Yes	Seed
BAI capital	—	Series B
Circle Ventures	—	Series B
Dragonfly	—	Series B