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Baseten in talks to raise $2 billion at up to $30 billion valuation

AI startup Baseten is reportedly raising approximately $2 billion across two tranches that would more than double its valuation to as much as $30 billion, just months after a $13 billion valuation in June.

Baseten logo featuring geometric black shapes on a bright green background
Image: @Cointelegraph

Artificial intelligence startup Baseten is preparing to raise around $2 billion in a new financing round that could value the company at up to $30 billion, according to Bloomberg. The proposed fundraising would more than double the company's valuation from earlier this year.[2][4][5]

The funding is structured in two separate tranches, with the first valuing the company at $26 billion and the second reaching $30 billion. Baseten, an AI inference startup backed by Nvidia, previously raised $1.5 billion in June, when it was valued at $13 billion.[1][3][4][5]

Key facts

  • Baseten is preparing to raise approximately $2 billion in a new funding round.
  • The reported financing consists of two tranches valuing Baseten at $26 billion and $30 billion.
  • The transaction would more than double Baseten's valuation to about $30 billion.
  • Baseten raised $1.5 billion in June at a $13 billion valuation.
  • Baseten is an AI inference startup backed by Nvidia.

Sources · 5 sources

  1. AG

    AGTP@AGTPinsightsPost on X ·

    BREAKING: AI startup Baseten is set to raise new funding that would more than double its valuation to about $30 billion, in a round with two tranches valuing it at $26 billion and $30 billion. https://t.co/BJEQX0TpJx

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  2. BL

    Bloomberg@businessPost on X ·

    Artificial intelligence startup Baseten is set to raise new funding that would more than double its valuation to about $30 billion, according to sources https://t.co/uLwc3Bx9Ef

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  3. CO

    Cointelegraph@CointelegraphPost on X ·

    🔥 BIG: Nvidia-backed AI inference startup Baseten is set to raise $2B at up to a $30B valuation, more than double the $13B it was valued at in June. https://t.co/NV5vb7kR42

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  4. TE

    Techmeme@TechmemePost on X ·

    Sources: Baseten is raising ~$2B in two tranches, one valuing it at $26B and the other at $30B; Baseten was valued at $13B in June after raising $1.5B (Bloomberg) (Visit Techmeme dot com for the link and full context!)

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  5. TE

    TechmemeArticle ·

    Sources: Baseten is raising ~$2B in two tranches, one valuing it at $26B and the other at $30B; Baseten was valued at $13B in June after raising $1.5B (Bloomberg) Bloomberg : Sources: Baseten is raising ~$2B in two tranches, one valuing it at $26B and the other at $30B; Baseten was valued at $13B in June after raising $1.5B — Artificial intelligence startup Baseten is set to raise new funding that would more than double its valuation to about $30 billion, according to people familiar with the efforts.

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