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Artificial Intelligence

Basecamp Research raises $140m in Series C

Basecamp Research raised $140m in a Series C led by S32, with Anthropic and other investors joining, and said it would use the money to train new AI models and advance therapeutics.

Tech.eu

Basecamp Research, a London-based startup founded in 2019, raised $140m in a Series C round. The company said its total funding then stood at $225m.

S32 led the round. Other named backers included NVentures, Anthropic through Anthology Fund, Catalio, the NATO Innovation Fund, Rockefeller, European Tech Collective and the UK government’s Sovereign AI Fund, while Firebrand, River Capital, King Philanthropies and Redalpine were listed as returning investors.

Basecamp said the money would support new model training and work on therapeutics designed with AI. It said its Eden models were being used for in vivo cell therapy and that its dataset came from partnerships in more than 30 countries.

Founders Glen Gowers and Oliver Vince said the company aimed to reprogramme the body so it could repair itself. Joséphine Kant said the founders had taken a portable lab to Iceland to sequence DNA off grid and praised the company’s UK base.

Named in this story

People

Glen Gowers
co-founded Basecamp Research
Oliver Vince
co-founded Basecamp Research
Joséphine Kant
commented for the UK government fund
Bill Maris
was identified as the founder of S32

Companies

Basecamp Research
raised a $140m Series C
S32
led the investment round
Nvidia
was named as an investor through its venture arm
Anthropic
joined the round as a new investor
Menlo Ventures
partnered with Anthropic in Anthology Fund
Catalio
joined the round as a new investor
River Capital
returned as an investor
Redalpine
returned as an investor

Organisations

NVentures
joined the round as Nvidia’s venture arm
Anthology Fund
was the vehicle through which Anthropic joined
NATO Innovation Fund
joined the round as a new investor
Rockefeller
joined the round as a new investor
European Tech Collective
joined the round as a new investor
Firebrand
returned as an investor
King Philanthropies
returned as an investor

Governments and agencies

UK government’s Sovereign AI Fund
joined the round as a new investor

Products and systems

Eden models
were the company’s biological foundation models

How the source tells it

The piece was mostly straight funding news, but it used promotional language around Basecamp’s science and relayed investor praise that added hype and triumphal framing.

  • hype The article repeated the company’s own claims about changing medicine and expanding what its models could do.
  • novelty It foregrounded the Arctic DNA-sequencing origin story and the idea that the founders had done something first.
  • triumph Investor quotation and origin details were used to cast the founders as bold, exceptional builders.