Baseten Raising $2B at Up to $30B Valuation — SkimNews
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- Baseten is raising about $2 billion in two tranches, with one valuing the AI startup at $26 billion and the other at $30 billion.
- Baseten was valued at $13 billion in June after raising $1.5 billion, and the new financing would more than double that valuation to about $30 billion.
Why it matters: Baseten would move from a $13 billion valuation in June to marks of $26 billion and $30 billion in the two new tranches while adding roughly $2 billion. The important wrinkle is that the headline $30 billion figure represents one tranche, not a single company-wide valuation across the financing.
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