Tech Company Financing Transactions

Baseten Funding Round

Baseten, operating out of San Francisco, secured $1.5 billion in funding from Altimeter Capital, Conviction Capital and Sands Capital Management.

Transaction Overview

Company Name
Announced On
6/19/2026
Transaction Type
Venture Equity
Amount
$1,500,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to scale its high-performance graphics processing unit (GPU) clusters, expand its globally distributed open-source model optimization architecture, and accelerate enterprise software engineering team recruitment.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
575 Sutter St. 201
San Francisco, CA 94102
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Baseten gives data science teams instant APIs and UI components to build and ship interactive apps that move the business forward. Baseten simplifies the set-up of backends, frontends, and MLOps--so your models get used faster.
Profile
Baseten LinkedIn Company Profile
Social Media
Baseten Company Twitter Account
Company News
Baseten News
Facebook
Baseten on Facebook
YouTube
Baseten on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tuhin Srivastava
  Tuhin Srivastava LinkedIn Profile  Tuhin Srivastava Twitter Account  Tuhin Srivastava News  Tuhin Srivastava on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/19/2026: Frontier Health venture capital transaction
Next: 6/19/2026: Clip venture capital transaction

 

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We do our best to record every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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