# Basis Technologies Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/basis-technologies-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.basis-ai.com
- Total disclosed funding: $6M
- Latest round: Seed (Jan 2, 2019)
- Investors on record: 2

## About

Basis Technologies Pte. Ltd. is a technology company specializing in AI-driven solutions that enhance operational efficiency for industrial sectors, focusing on automation and process optimization.Established in 2018, Basis Technologies Pte. Ltd. is headquartered in Singapore. The company specializes in AI solutions for various industrial applications. Silvanus Lee, the founder, leads the company, which has secured USD 6.00 mn in a SEED funding round from investors Sequoia Capital and Temasek Holdings, raising a total of USD 6.00 mn to date. The company's current valuation stands at USD 18.34 mn.Basis Technologies Pte. Ltd. offers AI-powered solutions tailored for industrial applications, focusing on automation and operational efficiency. Their flagship product serves as a key component in optimizing workflows, enhancing productivity, and ensuring compliance across sectors such as manufacturing and food service. The company's approach emphasizes customized solutions that address specific operational challenges, supporting clients in improving quality control processes and streamlining inspections.In the most recent fiscal year of 2021, Basis Technologies generated a revenue of USD 384,031.50, with an EBITDA of USD -2,186,812.50. The company focuses on establishing long-term client partnerships through a subscription-based model that facilitates continuous updates and optimizations of its AI solutions.Basis Technologies plans to develop and launch new products aimed at enhancing their AI offerings further. The company is targeting expansion into new markets within North America and Europe by the end of 2023, leveraging insights from recent operational data to tailor solutions for these regions. Recent funding obtained in August 2021 will be utilized to support these initiatives, ensuring that the company can enhance its capabilities following its acquisition by Aicadium.

## Funding rounds

- Seed, Jan 2, 2019, $6M — Hong Shan, Temasek Holdings

## Investors

- Hong Shan — Seed
- Temasek Holdings — Seed