Basemark raises EUR 22M Series B for automotive augmented-reality software

Apr 9, 2024 · Funding · Basemark · Human Machine Interface

Basemark raised EUR 22 million in a Series B financing package led by ETF Partners to expand Rocksolid AR and pursue automotive production programmes across Europe, Asia and the United States.

Basemark company media
Company media · Basemark
  • Tesi, Constructor Capital, a Zurich family office, Business Finland, the European Innovation Council and private investors participated.
  • The package combined equity, grants and loans rather than pure equity.
  • Basemark reported EUR 34 million in cumulative funding after the round.

Basemark develops automotive computer-vision software and graphics, compute and operating-system tooling for embedded platforms. Founded in Helsinki in 2015, its Rocksolid platform supports camera perception, augmented-reality displays, sensor processing and deployment across multiple chips and vehicle architectures. The company works with automakers and semiconductor suppliers to move AI workloads from development into efficient production execution.