IVP and Spark Capital led a $75m Series C round in Baseten.

IVP, a US-based private equity investment firm, and Spark Capital, a venture capital firm, led a $75m Series C round in Baseten, a provider of infrastructure software for high-scale AI products, with participation from Greylock, Conviction, South Park Commons, 01 Advisors and Lachy Groom. “The Baseten team’s relentless focus and execution have been key to attracting some of the biggest names in AI as customers, like Abridge, Gamma and Writer. As new AI-native startups emerge and enterprises scale Gen AI into production, the need for Baseten’s fast, reliable inference platform will only grow,” Shravan Narayen, IVP Partner.