Basemark
About
About Basemark
Basemark’s Rocksolid platform provides development tools and runtime software for vehicle augmented reality and human-machine interfaces. Rocksolid Studio is used to create and validate visual experiences, while its rendering and spatial-computing components keep digital content aligned with roads, objects and vehicle movement across head-up displays and other cockpit surfaces.
The company also develops BATS, a workload-based suite for evaluating automotive system-on-chip performance under computer-vision, instrument-cluster and infotainment tasks. Manufacturers use the results to compare processors and determine whether hardware can sustain intended workloads before committing to a production architecture. Basemark licences its software and supports integration, optimisation and deployment with automotive manufacturers, defence programmes and semiconductor suppliers.
Funding
- 2024-04-09 - Series B - $25.6M - Basemark raises EUR 22M Series B for automotive augmented-reality software
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. - source: basemark.com
Investors
- Business Finland - Participant - Angel / Individual - 1 funding event - first seen 2024-04-09
- Constructor Capital - Participant - VC - 1 funding event - first seen 2024-04-09
- ETF Partners - Lead - VC - 1 funding event - first seen 2024-04-09
- European Innovation Council - Participant - Government / Public - 1 funding event - first seen 2024-04-09
- Private investors - Participant - Angel / Individual - 1 funding event - first seen 2024-04-09
- Tesi - Participant - Unknown - 1 funding event - first seen 2024-04-09
Team
- Aapo Alve - Director of Finance - Leads finance at Basemark.
- Paula Kaisla - Chief Product Officer - Leads Basemark product strategy.
- Sami Niska - Chief Operating Officer - Leads Basemark operating execution.
- Soma Muthumanickam - Chief Technology Officer - Leads technology development at Basemark.
- Tero Sarkkinen - Founder & CEO - Founded Basemark and leads its automotive and mission-critical AR software business.
Timeline
Events
- 2024-04-09 - Funding - Basemark raises EUR 22M Series B for automotive augmented-reality software
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.
Source
Context
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Context tags
- AV autonomy software - Stack Layer - Primary company research supports this operating context.
- Automotive-grade AI compute - Capability - Primary company research supports this operating context.