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Babylon completes $15 million funding round, led by a16z Crypto
GateNewsBot
AAVE-1,74%
Foresight News reports that Babylon has completed a $15 million funding round, led by a16z Crypto under Andreessen Horowitz. The project’s valuation has not been disclosed. The company plans to integrate its technology with the lending protocol Aave in Q2 2026. Currently, Babylon has not generated revenue but hopes to become profitable after launching in collaboration with Aave. The company currently has over 40 employees.
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