VC  Basis Set Ventures

https://basisset.ventures/





     Office Locations:

325 Sharon Park Dr, Ste 603
Menlo Park, CA 94025
Phone: 646-522-1082

 

Stages:

  • Early
  • Seed


 

Industries:

  • Information Technology
  • Software & Internet

  •  

    Description:

    Basis Set Ventures invests in early-stage startups within the artificial intelligence sector that enables people to perform more productively. The firm has set out to raise a $136 million venture fund, according to a filing with the SEC. Basis Set was founded by Xuezhao Lan, formerly in corporate development at Dropbox.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Silicon Valley Database subscription.
    Andrew Kim Operations Manager
    Chang Xu Partner
    Dr. Lan Xuezhao Founder & Managing Partner
    John Mannes Investor
    Rachel Wong Data Scientist

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      02/14/2024


      Rasa


      CA


      $30,000,000


      Series C


      01/18/2024


      Recraft


      CA


      $12,000,000


      Series A


     

    Portfolio companies include:


      Allocate
        web link


      Assembled
        web link


      DataGrail
        web link


      FarmWise


      Path Robotics


      Rasa


      Recraft
        web link


      Rutter
        web link


      Snappr
        web link


      Spice AI
        web link


      VIAVIA
        web link


      Whimsical
        web link


      Workstream


     

    Recent News: