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- Basecamp Research
Basecamp Research Valuation, Funding & Investors
Basecamp Research is valued at $800M as of September 2026.
Last Basecamp Research valuation
$800M
Series C · Sep 2026
Last Basecamp Research funding round
$140M
Series C · Sep 2026
Cumulative funding Basecamp Research raised
$220M
across 3 funding rounds
Key investors in Basecamp Research
True Ventures
redalpine
S32
Hummingbird Ventures
NVentures
Catalio Capital Management
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$800M (Sep 2026)
Sectors
Basecamp Research Valuation
Basecamp Research is currently valued at $800M, based on its Series C in September 2026. Read the announcement ↗
The $140M round was led by S32, with participation from redalpine, Sovereign AI Fund, NVentures, Inception Fund, NATO Innovation Fund and 7 other investors.
Basecamp Research valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Sep 2026 | Series C | $800M |
Basecamp Research Funding History
Basecamp Research has raised a total of $220M across 3 funding rounds.
Basecamp Research's first fundraising round was a $20M Series A in December 2022. The most recent completed round was a $140M Series C in September 2026.
Basecamp Research funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2026 | Series C | S32 (lead); redalpine; Sovereign AI Fund; NVentures; Inception Fund; NATO Innovation Fund; European Tech Collective; Anthology Fund; Rockefeller Foundation; True Ventures; Catalio Capital Management; King Philanthropies; PostScriptum | $140M | $800M | Basecamp Research announced a $140 million Series C financing on September 23, 2026, led by S32 with participation from NVIDIA, Anthropic’s Anthology Fund, Catalio Capital Management, European Tech Collective, Firebrand River Capital, Inception Fund, King Philanthropies, NATO Innovation Fund, PostScriptum, Redalpine, The Rockefeller Foundation, Singular, Sovereign AI, and True Ventures. The round valued the company at $800 million. Proceeds will train a new generation of EDEN biological foundation models and advance a pipeline of AI-designed therapeutics toward clinical development, beginning with in vivo cell therapy. Basecamp Research is a London- and Boston-based frontier AI company that trains biological foundation models on its proprietary Trillion Gene Atlas genomic dataset collected through international partnerships. |
| Oct 2024 | Series B | Singular (lead); redalpine; Hummingbird Ventures; Paul Polman; S32; True Ventures; Feike Sijbesma; Change Forces; Andre Hoffmann | $60M | - | Basecamp Research is a London-based AI startup founded in 2019 that maps uncharted biodiversity by sending scientists worldwide to collect microbes and novel proteins, building a massive database of biological systems to power AI models for life sciences, pharma, and biotech applications such as designing new medicines, genetic therapies, and biological solutions. The company claims its foundational dataset contains 100 times more advanced biological systems than commonly used public databases, with its BaseFold model outperforming Google DeepMind’s AlphaFold2 in protein structure prediction. Alongside the funding, Basecamp announced a multi-year collaboration with Dr. David R. Liu’s lab at the Broad Institute of MIT and Harvard to develop novel fusion proteins and large molecules for genetic medicines. In October 2024, Basecamp Research raised $60 million in a Series B round led by Singular, with participation from new investors S32, redalpine, André Hoffmann (Vice-Chairman of Roche), Feike Sijbesma (Chair of Royal Philips), Paul Polman (former CEO of Unilever), and existing backers True Ventures and Hummingbird Ventures, bringing total funding to $85 million following a $19.8 million Series A in December 2022 led by Systemiq Capital. The funds will scale data collection efforts by at least 10x by year-end, increase compute resources, enhance partnerships with over 100 global biodiversity organizations, and train next-generation foundation models for biology to enable programmable design of sophisticated biopharma solutions. Basecamp plans active involvement in UN biodiversity talks at COP 16 in Colombia. The company positions itself at the intersection of AI and life sciences to address data gaps in biotech, with Ropes & Gray advising on the transaction. |
| Dec 2022 | Series A | Systemiq capital (lead); Hummingbird Ventures; True Ventures; Valo Ventures; Blue Horizon Corporation | $20M | - | Basecamp Research, founded in 2019 and headquartered in London, designs advanced protein products for the bioeconomy using the world's largest ethically sampled knowledge graph of natural biodiversity, known as BaseData. The company builds a proprietary protein code database with graph learning algorithms to discover novel proteins for applications in pharmaceuticals, nutrition, agriculture, consumer goods, cosmetics, bioremediation, and sustainable manufacturing. It partners with global companies and local 'guardians' who contribute samples and can receive royalties. On December 13, 2022, Basecamp Research raised approximately $20 million (or £16.14 million) in a Series A funding round led by Systemiq Capital (also referred to as Systemiq Ventures), with participation from Valo Ventures, Blue Horizon, True Ventures, and Hummingbird Ventures. This round brought the company's total funding to $30 million. Some sources report the amount as USD 19.8 million. The funds are allocated to expand the team, validate internal products, build a product portfolio across key industries, scale data collection including a significant biodiversity access agreement with Costa Rica, and enhance AI capabilities for protein discovery. The company claims 90% of proteins in its collection are novel. Basecamp later raised a $60 million Series B in October 2024 led by Singular. |
Who has invested in Basecamp Research?
22 investors have backed Basecamp Research across its funding rounds, including True Ventures, redalpine, S32, Hummingbird Ventures, NVentures and Catalio Capital Management.
Lead investors include S32, Singular and Systemiq capital.
Basecamp Research Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Dec 2022 | ||
| 2 | Participant | Oct 2024 | ||
| 2 | Participant | Dec 2022 | ||
| 2 | Lead | Oct 2024 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Oct 2024 | ||
| 1 | Lead | Dec 2022 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Lead | Oct 2024 | ||
| 1 | Participant | Sep 2026 | ||
This data is available for Pro users. Sign up to see all 22 Basecamp Research investors. Start Free Trial | ||||
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Start Free TrialBasecamp Research Competitors
Basecamp Research competitors include listed companies like Pacific Biosciences and OmniAb, and private ones like Esco Lifesciences, ZSPepLib, BioRender and Angiocrine Bioscience.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $800M | - | ||
| Publicly listed | $160M | ($153M) | $790M | 7.9x | ||
| Private | - | - | $732M | - | ||
| Private | - | - | $900M | - | ||
| Publicly listed | $19M | ($47M) | $707M | 22.3x | ||
| Private | - | - | $697M | - |
Basecamp Research Public Comps
Basecamp Research is still privately-owned, but its public comps include Pacific Biosciences, CryoPort, OmniAb, Bide Pharmatech Co, Alpha Teknova, Avacta Group, Eikon Therapeutics, SEEGENE, Quantum-Si and Nautilus Biotechnology.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $160M | ($153M) | 7.8x | 7.9x | (8.2x) | (9.7x) | |||
| $176M | ($2M) | 4.3x | 4.0x | (362.8x) | (1501.4x) | |||
| $19M | ($47M) | 37.1x | 22.3x | (14.7x) | (21.3x) | |||
| $198M | $33M | 4.6x | 4.3x | 27.6x | - | |||
| $41M | ($10M) | 12.0x | 10.9x | (47.9x) | (74.4x) | |||
| $150K | ($37M) | 2952.7x | 158.2x | (11.9x) | (13.0x) | |||
| - | ($315M) | - | - | (0.4x) | (0.3x) | |||
| $350M | $86M | 2.6x | 2.4x | 10.6x | 8.7x | |||
This data is available for Pro users. Sign up to see all Basecamp Research competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Basecamp Research
| When was Basecamp Research founded? | Basecamp Research was founded in 2019. |
| Where is Basecamp Research headquartered? | Basecamp Research is headquartered in United Kingdom. |
| Is Basecamp Research publicly listed? | No, Basecamp Research is a private, VC-backed company. |
| What is Basecamp Research's valuation? | Basecamp Research was last valued at $800M in its Series C in September 2026. |
| How much funding has Basecamp Research raised? | Basecamp Research has raised $220M across 3 funding rounds. |
| What was Basecamp Research's last funding round? | Basecamp Research's last funding round was a $140M Series C in September 2026, led by S32. |
| Who are Basecamp Research's investors? | Basecamp Research's investors include True Ventures, redalpine, Hummingbird Ventures, S32, Sovereign AI Fund, NVentures, Inception Fund, Paul Polman, Systemiq capital, NATO Innovation Fund and 12 others. |
| Which companies are comparable to Basecamp Research? | Companies comparable to Basecamp Research include Esco Lifesciences, Pacific Biosciences, ZSPepLib, BioRender, OmniAb and Angiocrine Bioscience. |
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