Basetwo Raises $11.5M Series A to Transform Chemical Manufacturing with Physics AI Platform
Jan 23, 2025 - financialpost.com
Basetwo, a Toronto-based AI platform for manufacturing engineers, has raised $11.5 million in Series A funding led by AVP, with participation from Glasswing Ventures, Deloitte Ventures, and others. The funding will help Basetwo accelerate its mission to optimize pharmaceutical and chemical manufacturing processes using its Physics AI platform. This platform combines chemical engineering principles with AI to improve cycle times, raw material usage, and product quality, allowing manufacturers to conduct virtual experiments and simulate process changes before implementation. The investment will also support the development of Basetwo’s AutoPilot technology for autonomous manufacturing control and expand its presence in the US, Japan, Europe, and the Middle East.
Basetwo’s approach addresses the inefficiencies of traditional machine learning in manufacturing by providing interpretable insights through physics-based models. This enables manufacturers to optimize complex processes, meet regulatory requirements, and reduce waste. The company aims to transform global manufacturing operations by partnering with leaders in pharmaceuticals, chemicals, and consumer goods, leveraging cloud computing and modern AI to enhance efficiency, quality, and sustainability.
Key takeaways:
Basetwo raised $11.5M in Series A funding to enhance its AI platform for optimizing pharmaceutical and chemical manufacturing processes.
The Physics AI platform combines chemical engineering principles with AI to improve cycle times, raw material usage, and product quality.
The funding will accelerate the development of Basetwo's AutoPilot technology for real-time manufacturing control and expand its global presence.
Basetwo's low-code platform empowers engineers with interpretable insights to optimize manufacturing systems while meeting regulatory requirements.
