How Much Did Basetwo Raise?
Funding & Key Investors

Basetwo, a Toronto-based pioneer in artificial intelligence-driven manufacturing management, has successfully secured a major strategic investment, bringing its total capital raised to $15.3M. This latest financing round, which contributed $11.5M to the company's balance sheet, marks a pivotal transition from its early-stage development to a robust Series A scaling phase. By leveraging advanced machine learning to optimize industrial processes, Basetwo is positioning itself as a critical infrastructure layer for the modern factory floor, attracting significant interest from both venture capital firms and global industrial conglomerates.

What is Basetwo?

Basetwo
SoftwareEnterprise Resource Planning (ERP)

Founded in 2022, Basetwo provides a sophisticated AI-based platform designed to digitize and automate complex manufacturing workflows. The company addresses the persistent challenges of operational inefficiency and production variability by offering real-time insights and predictive analytics. By integrating seamlessly into existing enterprise environments, Basetwo enables manufacturers to reduce waste, improve throughput, and accelerate time-to-market for complex products. Its market position is defined by its ability to bridge the gap between legacy industrial hardware and modern software-defined manufacturing, a sector currently undergoing rapid digital transformation.

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 Glasswing Ventures, Argon Ventures, Graphite Ventures, MaRS IAF, Caffeinated Capital, and Pareto Ventures

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

Key Investors in Basetwo

AXA Venture Partners

AXA Venture Partners is a global investment firm specializing in high-growth, technology-enabled companies, providing both capital and access to extensive corporate business development networks.

Shimadzu

A historic Japanese public corporation and leader in precision instruments and medical equipment, bringing deep industrial domain expertise to the Basetwo ecosystem.

Global Brain

An independent venture capital firm with over $2.3 billion in assets, focused on facilitating global success for startups through strategic consulting and corporate collaboration.

What's next for Basetwo?

With the infusion of $11.5M, Basetwo is poised to accelerate its international expansion and deepen its technical capabilities. The strategic involvement of global industrial leaders suggests a clear roadmap toward scaling its platform across diverse sectors, including energy, chemicals, and precision engineering. Future growth will likely focus on enhancing the platform's predictive modeling features and expanding its footprint in key markets such as Japan and North America. As the company matures, it will continue to leverage its investor network to forge business development opportunities, aiming to set a new standard for autonomous manufacturing management on a global scale.

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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 AXA Venture Partners. 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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