Baseten secures $150M Series D

Baseten secures $150M Series D

Baseten, a leading AI infrastructure provider, has successfully raised $150 million in its Series D funding round, according to a recent announcement. The funding was led by US-based investors, including Ten Eleven Ventures, and brings Baseten's valuation to an impressive level. This latest round of funding follows the company's Series C raise in 2023, which totaled $100 million [2].

Baseten's platform focuses on providing a streamlined path to production AI by combining its production-grade model-serving platform with Vultr's globally available, low-latency GPU infrastructure. This strategic partnership allows Baseten to offer faster and more affordable AI solutions for a wide range of applications, from real-time transcription to large language models and compound AI pipelines [2].

The Series D funding will be used to further expand Baseten's global presence, enhance its data center infrastructure, and bolster its research and development efforts. The company aims to continue innovating in the AI space, staying at the forefront of technological advancements.

Baseten's success comes amidst a broader surge in investment in the European AI sector. According to Dealroom data, European AI startups experienced a 55% increase in year-on-year investment in the first quarter of 2025. This trend underscores the growing momentum and potential of the European tech landscape, with companies like Lovable and Mistral AI leading the way [3].

The increasing interest and investment in AI technologies across Europe signal a robust and rapidly evolving market, with Baseten poised to play a pivotal role in shaping the future of artificial intelligence on the continent.

References:

[1] https://www.bloomberg.com/news/articles/2025-09-03/quantum-startup-iqm-raises-funding-above-1-billion-valuation
[2] https://www.facebook.com/Vultr/posts/baseten-is-now-part-of-the-vultr-cloud-alliance-enabling-fast-and-scalable-ai-in/1216890300483639/
[3] https://news.ssbcrack.com/french-ai-startup-mistral-ai-set-to-secure-e2-billion-investment-at-14-billion-valuation/