Scaling Europe

← Scaling Europe23 Sept · 23 min

Oliver Vince, Co-Founder at Basecamp Research: BREAKING: Basecamp Research raised $140m Series C

Oliver Vince, Co-Founder at Basecamp Research: BREAKING: Basecamp Research raised $140m Series C23 Sept23 min

<p>Basecamp Research just raised a $140m Series C led by S32. It&#39;s teaching AI to read and write DNA, using huge amounts of genetic data it collects all over the world. It has been working with NVIDIA and Anthropic on its models, and both have now come in as investors too.</p><p><br></p><p>Oliver Vince is Co-Founder at Basecamp Research, which is using this AI to design new medicines for cancer, rare genetic diseases and infections. The next step is getting the first ones to patients, which he expects within the next couple of years.</p><p><br></p><p>The Scaling Europe show is presented by Deel. Check them out here: https://get.deel.com/ruynb7o4lfjk</p><p><br></p><p>Sponsors:</p><p><br></p><p>SurrealDB: https://surrealdb.com/</p><p><br></p><p>Airwallex: https://www.airwallex.com/uk</p><p><br></p><p>Lovable: https://lovable.dev/</p><p><br></p><p>Parloa: https://www.parloa.com/</p><p><br></p><p>Conveo: https://conveo.ai/</p><p><br></p><p>NatWest: https://www.natwest.com/</p><p><br></p><p>WWT: https://www.wwt.com/</p><p><br></p><p>Timestamps:</p><p><br></p><p>0:00 Introduction</p><p>0:21 What Basecamp Research does</p><p>1:17 The new $140m Series C</p><p>1:57 The Eden models and the Trillion Gene Atlas</p><p>4:13 Why NVIDIA and Anthropic invested</p><p>5:35 Why they want investors who are realistic and optimistic</p><p>7:56 Which diseases it could help first</p><p>10:10 How close they are to treating patients</p><p>14:03 Drug company or pharma partner</p><p>15:19 A different approach from other AI biology companies</p><p>19:46 What could make it fail</p><p>21:42 Scepticism from traditional pharma</p>