Company profile

Boba Network

Boba Network, founded in 2018, has raised $115 million across Seed, Series A, and strategic funding rounds, achieving a $2 billion valuation. Its largest raise was a $70 million strategic round in 2022 backed by Huobi, Binance Labs, Coinbase Ventures, and Crypto.com Capital. Boba Network provides a layer 2 scaling solution using optimistic rollups and hybrid compute to enable faster and cheaper blockchain applications. With strong investor backing, the network is positioned to expand Web3 infrastructure and developer adoption globally.

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Quick facts

Total funding: $115 million
Valuation: $2 billion
Founded: 2018

Notable investors

Huobi
Binance Labs
Coinbase Ventures
Crypto

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