Skip to main content

S32

Basecamp Research Raises $140M to Advance AI-Designed Cell Therapies

Basecamp Research Raises $140M to Advance AI-Designed Cell Therapies

London and Boston – September 24, 2026 -- Basecamp Research has closed a $140 million oversubscribed Series C financing to train new EDEN foundation models and push a pipeline of AI-designed therapeutics toward clinical development.

S32 leads a syndicate spanning NVIDIA, Anthropic-adjacent backers and sovereign funds

The round was led by S32, with participation from NVIDIA, Menlo Ventures' Anthology Fund, Catalio Capital Management, European Tech Collective, Firebrand River Capital, Inception Fund, King Philanthropies, NATO Innovation Fund, PostScriptum, Redalpine, The Rockefeller Foundation, Singular, Sovereign AI and True Ventures. Andy Conrad, General Partner at S32 and former CEO of Google's Verily, joins Basecamp's Board of Directors.

Snorkel AI Raises $350M at $3.5B Valuation for Agentic Data

Snorkel AI Raises $350M at $3.5B Valuation for Agentic Data

San Francisco – September 22, 2026 -- Snorkel AI has raised $350 million at a $3.5 billion valuation to expand its agentic data factory, which supplies training and evaluation data behind frontier AI lab systems.

Insight Partners and S32 co-lead funding round with multiple new backers

The round was co-led by Insight Partners and S32, with significant participation from existing investor Addition. New investors include March Capital, Blumberg Capital, Allegis Capital, Frontline, Standard, and Third Point Ventures, alongside existing backers Greylock, Lightspeed, GV, Factory, Prosperity7, Walden Catalyst, and Wells Fargo.