Assembly Line

Basetwo Launches AI Platform for Manufacturing, Raises USD $3.8M


Organizations: Basetwo

Basetwo, a SaaS AI platform for manufacturers, today announced it secured a USD $3.8M seed round led by Glasswing Ventures and Argon Ventures with additional funding from Caffeinated Capital, Graphite Ventures, MaRs IAF, CEAS Investments, Pareto Holdings, Plug and Play, and Quiet Capital.

The funding supports the launch of the category-making Basetwo AI platform, a first-of-its-kind solution that enables process engineers to rapidly build digital twins of their manufacturing plants leveraging a familiar no-code interface. Basetwo promotes the digitalization of manufacturing systems to foster intelligent manufacturing across the global supply chain. Basetwo intends to be the default platform for continuous improvement in the current Good Manufacturing Process (cGMP), beginning with the pharmaceutical market and expanding to the broader process manufacturing markets.

Read more at Basetwo Blog