FinTechFunding

Basetwo: Raises $3.8 Million in Seed Funding

Basetwo Raises $3.8 Million in Seed Funding

  • Basetwo, a Toronto, Canada and Sunnyvale, CA-based provider of a SaaS AI platform for manufacturers, raised $3.8M in Seed funding
  • The round was led by Glasswing Ventures and Argon Ventures with participation from Caffeinated Capital, Graphite Ventures, MaRs IAF Pareto Holdings
  • The company intends to use the funds to launch the AI platform
  • The company is a no-code AI platform that enables process engineers to build and operationalize digital twins of their manufacturing plants
  • The company intends to begin with the pharmaceutical market and expand to the food and beverage and chemical markets
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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