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
