Tech Company Financing Transactions
Basetwo Funding Round
AXA Venture Partners, Deloitte Ventures and Glasswing Ventures participated in a $11.5 million Series A capital raise for Basetwo. The round was announced on 1/23/2025.
Transaction Overview
Company Name
Announced On
1/23/2025
Transaction Type
Venture Equity
Amount
$11,500,000
Round
Series A
Investors
AXA Venture Partners (Lead Investor)
Glasswing Ventures (Rudina Seseri)
Proceeds Purpose
The company intends to use the funds to expand operations, and accelerate the development of its AutoPilot technology for autonomous, real-time manufacturing control while expanding its presence in the US, Japan, Europe, and the Middle East.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
440 N. Wolfe Road
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Undisclosed
Website
Email Address
Overview
Basetwo is designed to solve the toughest problems in manufacturing engineering. Our mission is to empower engineers to operationalize AI that they can understand and interpret in order to improve quality, transparency, and performance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thouheed Gaffoor
Chief Financial Officer
Thamjeeth Gaffoor
VP - Engineering
Tawfeeq Gaffoor
VP - Product Management
Kiefer Eaton
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