Since 2019, Babak is a Senior Advisor at Industrifonden, specialising in enterprise software and in particular IT-security.
Babak is heading the Blockchain Innovation Center at RISE (Research Institute of Sweden), and has a background as researcher and entrepreneur. Babak is co-founder and former CEO of Axiomatics, an IT-security software company started as a research spin-off back in 2006. During his time as CEO for the company (2006-2016), he and the team built the company to $10M revenue, 45 employees and launched offices in Stockholm, Chicago and Washington DC. Babak has a PhD in Computer Science from Imperial College in London.