# Basemark

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/basemark

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.basemark.com
- Total disclosed funding: $7.9M
- Latest round: Series B (Apr 9, 2024)
- Investors on record: 6

## About

Founded in 2015 by Arto Ruotsalainen and Tero Sarkkinen, and based in Helsinki, Finland, Basemark Oy developer tools, SDKs (Software Development Kits), and runtimes that are optimized for automotive OEMs and Tier-1s to help develop automotive AR and VR applications. Some of the firm’s customers include Imagination, Mediatek, Samsung, Renault, BMW, Qualcomm, etc. In April 2024, Basemark Oy received grant funding from various investors.

Basemark provides advanced automotive software solutions, focusing on augmented reality (AR) and visualizations for next-generation vehicles. Their key product, Rocksolid AR, offers tools for developing and deploying AR applications such as HUDs, instrument clusters, and navigation systems. Moreover, the firm also provide professional services for automotive software development, including AR, ADAS, and HMI solutions, and support clients through all stages of automotive projects.

The company intends to use the April 2024 funding to further develop its technology product and platform.

## Funding rounds

- Series B, Apr 9, 2024 — Tesi, ETF Partners, Business Finland Venture Capital, Finnish Industry Investment, European Innovation Council, Constructor Capital
- Series A, Jul 7, 2020, $7.9M — ETF Partners

## Investors

- ETF Partners (https://capitalatlas.ai/funds/etf-partners) — Series A, Series B
- Tesi (https://capitalatlas.ai/funds/tesi) — Series B
- Business Finland Venture Capital — Series B
- Finnish Industry Investment — Series B
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Series B
- Constructor Capital (https://capitalatlas.ai/funds/constructor-capital) — Series B