How Much Did Basetwo Raise?
Funding & Key Investors

Basetwo, a Toronto-based innovator in the industrial artificial intelligence sector, has successfully secured a major strategic investment to accelerate its market expansion. This latest capital injection brings the company's total funding to $15.3M, marking a significant milestone in its growth trajectory. The recent financing round, which totaled $11.5M, underscores the increasing demand for AI-driven manufacturing management platforms that optimize complex production environments.

Since its inception in 2022, Basetwo has demonstrated a clear path toward scaling its operations. The transition from its initial seed-stage backing to this current Series A milestone reflects the company's ability to deliver tangible value to industrial clients. By leveraging advanced machine learning, Basetwo is positioning itself as a critical infrastructure provider for the modern factory floor.

What is Basetwo?

Basetwo
SoftwareEnterprise Resource Planning (ERP)

Basetwo operates at the intersection of artificial intelligence and industrial manufacturing. The company provides a sophisticated software platform designed to help manufacturers manage, monitor, and optimize their production processes through data-driven insights. By integrating AI into the manufacturing lifecycle, Basetwo enables firms to reduce waste, improve quality control, and enhance overall operational efficiency. The platform is specifically engineered to address the unique challenges of enterprise-level manufacturing, providing a scalable solution that bridges the gap between raw operational data and actionable business intelligence.

How much funding has Basetwo raised?

Basetwo has raised a total of $15.3M across 2 funding rounds:

2022

Angel/Seed

$3.8M

2025

Series A

$11.5M

Angel/Seed (2022): $3.8M with participation from Graphite Ventures, Glasswing Ventures, Pareto Ventures, Argon Ventures, Caffeinated Capital, and MaRS IAF

Series A (2025): $11.5M led by Chiyoda Corporation, AXA Venture Partners, Global Brain, Glasswing Ventures, Deloitte, and Shimadzu

Key Investors in Basetwo

Chiyoda Corporation

A global engineering leader specializing in oil, gas, and petrochemical infrastructure, providing deep industrial expertise and international market access.

AXA Venture Partners

A global investment platform focused on high-growth, technology-enabled companies, offering significant business development opportunities and international scaling support.

Global Brain

An independent venture capital firm that facilitates global success for startups through hands-on strategic consulting and collaboration with large-scale corporate partners.

What's next for Basetwo?

With the successful closure of this Series A round, Basetwo is well-positioned to scale its global footprint and deepen its technological capabilities. The strategic involvement of major industrial players and venture capital firms suggests a focus on international market penetration and the integration of its platform into broader supply chain ecosystems. Moving forward, the company is expected to prioritize the expansion of its engineering team and the development of new features that address the evolving needs of the manufacturing sector. As industrial automation continues to be a top priority for global enterprises, Basetwo's ability to provide high-fidelity, AI-powered management tools will likely remain a key driver of its long-term competitive advantage.

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Frequently Asked Questions Regarding Basetwo Financial Insights

What are the most recent funding rounds that Basetwo has completed, and what were the funding rounds?
Basetwo has recently completed 2 funding rounds: Series A on Jan 23, 2025, Angel/Seed on May 26, 2022.
What is the total amount of funding Basetwo has raised to date?
Basetwo has raised a total of $15.3M in funding to date.
How many funding rounds has Basetwo completed?
Basetwo has completed 2 funding rounds.
How much funding did Basetwo raise in its most recent funding round?
Basetwo raised $11.5M in its most recent funding round.
Who are the lead investors in Basetwo's latest funding round?
The lead investor in Basetwo's latest funding round was Chiyoda Corporation. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Basetwo's history?
The largest funding round in Basetwo's history was $11.5M.
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