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Basecamp Research raises $140m to scale AI therapy push

Basecamp Research raises $140m to scale AI therapy push

3 Key Points

  1. What happened

    Basecamp Research raised $140m in an oversubscribed Series C led by S32, with backing from Nvidia, The Rockefeller Foundation, and others, to train new EDEN models and advance AI-designed therapies.

  2. Why it matters

    The funding is expected to expand Basecamp's pharmaceutical partnerships and move its AI-designed in vivo cell therapies closer to clinical development.

  3. What to watch

    The approach pairs EDEN's DNA design with large serine recombinases, and its success hinges on whether this can sidestep the complexity and high manufacturing costs of current cell therapies.

WHO IT HITSPharmaceutical companies evaluating AI-designed cell therapies may gain a new partner, while investors backing Basecamp are betting on a platform that combines biological data with DNA-writing methods to lower treatment costs.

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Context & Analysis

Basecamp Research's latest raise comes as it works to pair its EDEN biological foundation models with large serine recombinases, which can integrate DNA sequences into the genome. The company's models are trained on its Trillion Gene Atlas, a genomic dataset built through partnerships in more than 30 countries. That dataset and the DNA-writing methods are the technical foundation behind its push into AI-designed therapies.

The company is also building commercial ties to back the science. It has named former Biogen executive Richard Pearce as chief business officer and will add S32 general partner and former Google Verily CEO Andy Conrad to its board. Current cell therapies, Basecamp says, are constrained by complexity and manufacturing costs that can reach hundreds of thousands of dollars per patient, the gap its in vivo approach aims to address.

Whether the funding translates into clinical progress will likely hinge on how quickly Basecamp's AI-designed therapies move through development and how well its pharmaceutical partnerships expand. For patients with few alternatives, that timeline is the one that matters most.

FAQ
What will Basecamp Research do with the $140m?
It will train a new generation of its EDEN biological foundation models, advance AI-designed therapies toward clinical development, and expand its pharmaceutical partnerships.
Who led the funding round?
S32 led the oversubscribed financing round, with investors including Catalio Capital Management, European Tech Collective, Firebrand River Capital, Nvidia, PostScriptum, Redalpine, The Rockefeller Foundation, Singular, Sovereign AI, and True Ventures.
What is Basecamp's initial therapeutic focus?
Its initial focus is in vivo cell therapy, which involves reprogramming the cells of a patient inside the body.
Yahoo Finance AIRead Original Article

Also reported by SiliconANGLE AI

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