About Boba
Boba is a company based in Palo Alto (United States) founded in 2021 by Violet B Abtahi and Alan Chiu.. Boba has raised $45 million across 1 funding round from investors including BitMart, IOST and CRYPTO. Boba offers products and services including HybridCompute™, Boba Network Platform, and Boba Ethereum Explorer. Boba operates in a competitive market with competitors including Blockstream, Orbs, Gnosis, Lightning Labs and Horizen Labs, among others.
- Headquarter Palo Alto, United States
- Founders Violet B Abtahi, Alan Chiu
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45 M (USD)
in 1 rounds
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Latest Funding Round
$45 M (USD), Series A
Apr 05, 2022
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Investors
BitMart
& 34 more
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Employee Count
Employee Count
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Products & Services of Boba
Boba offers a comprehensive portfolio of products and services, including HybridCompute™, Boba Network Platform, and Boba Ethereum Explorer. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables integration of off-chain data for building smarter dApps.
Provides scaling solutions for EVM-compatible blockchains with reduced fees.
Facilitates transaction viewing on Ethereum-based networks.
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Funding Insights of Boba
Boba has successfully raised a total of $45M through 1 strategic funding round. The most recent funding activity was a Series A round of $45 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $45.0M
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First Round
First Round
(05 Apr 2022)
- Investors Count 35
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series A - Boba | Valuation | CRYPTO , Huobi |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Boba
Boba has secured backing from 35 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BitMart, IOST and CRYPTO. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Hypersphere Capital is focused on crypto-native investment opportunities.
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Multiple sectors are invested in by M13 venture capital fund.
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Web3 venture capital firm partnering on blockchain projects.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Boba
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Boba
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Boba Comparisons
Competitors of Boba
Boba operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blockstream, Orbs, Gnosis, Lightning Labs and Horizen Labs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Blockchain-based platform is developed for crypto-financial infrastructure.
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| domain | founded_year | HQ Location |
Infrastructure as a service via virtual chains
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| domain | founded_year | HQ Location |
Multiple cryptocurrency financial services are provided via decentralized platforms.
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| domain | founded_year | HQ Location |
Software for the Lightning Network is developed by Lightning Labs.
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| domain | founded_year | HQ Location |
Blockchain infrastructure for sidechain applications is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Boba
Frequently Asked Questions about Boba
When was Boba founded?
Boba was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Boba located?
Boba is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Boba?
Alan Chiu is the current CEO of Boba. They have also founded this company.
Is Boba a funded company?
Boba is a funded company, having raised a total of $45M across 1 funding round to date. The company's 1st funding round was a Series A of $45M, raised on Apr 05, 2022.
What does Boba do?
Boba was founded in 2021 in Palo Alto, United States, within the blockchain sector. A decentralized network platform for Ethereum is maintained, where NFT bridging, gas fee reductions, and liquidity pools are facilitated. Smart contract capabilities are extended, transaction efficiency is improved, and developers are enabled to construct DApps on scalable infrastructure such as AWS Lambda. Operations focus on enhancing Ethereums ecosystem through these services.
Who are the top competitors of Boba?
Boba's top competitors include Blockstream, Orbs and Gnosis.
What products or services does Boba offer?
Boba offers HybridCompute™, Boba Network Platform, and Boba Ethereum Explorer.
Who are Boba's investors?
Boba has 35 investors. Key investors include BitMart, IOST, CRYPTO, Valour, and Shima Capital.
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