Toronto’s Basetwo raises $11.5M to transform manufacturing with AI
By DE Staff
General MedicalAI-powered process optimization is getting a major boost as Basetwo—a Toronto-based platform transforming pharmaceutical and chemical manufacturing—secures $11.5 million in Series A funding to help expand and accelerate the development of autonomous, real-time manufacturing control.
Chemical and pharmaceutical manufacturers face significant challenges in scaling production and optimizing processes. Bringing new drug compounds or chemical formulations to market requires precise control over complex variables like reactor temperatures and mixing speeds, all while maintaining strict quality standards. Traditional machine learning solutions struggle with these processes, relying solely on historical data rather than understanding the underlying physics and chemistry. This inefficiency leads to waste totaling $8 trillion annually across global manufacturing.
Basetwo’s Physics AI platform combines chemical engineering principles with AI to optimize manufacturing efficiency, cutting cycle times and raw material usage by up to 40 per cent and improving product quality by 25 per cent. The platform allows manufacturers to simulate process changes before implementation, minimizing live testing risks and reducing operational costs. “Manufacturing requires a fundamentally different approach, incorporating decades of engineering expertise and physics-based understanding,” says Thouheed Abdul Gaffoor, CEO and co-founder of Basetwo.
Led by AVP with participation from Glasswing Ventures, Deloitte Ventures, Global Brain Ventures, Shimadzu Corporation, Chiyoda Corporation and UAE investors via Qora71, the investment will help Basetwo expand its presence in the U.S., Japan, Europe and the Middle East while growing its AI, software engineering and business development teams. The company is also advancing its AutoPilot technology, which enables autonomous process control to further optimize production efficiency.
As manufacturing enters a new era, Basetwo’s AI-powered platform is positioned to lead the industry in next-generation process optimization. “Traditional manufacturing software was built before cloud computing and modern AI,” Gaffoor says. “We’re excited to partner with global leaders to usher in a new generation of intelligent manufacturing that maximizes efficiency, quality, and sustainability.”
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