# Basecamp Research funding: rounds and investors > Basecamp Research has raised $222M across 5 rounds since 2021. Investors include S32, Menlo Ventures and True Ventures. Every round with its source. Source: https://millionrounds.com/company/basecamp-research (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series C startup](https://millionrounds.com/companies) # Who invested in *Basecamp Research* 5 rounds we have observed, with the 18 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Biotech Raised 1 month ago Funding summary Updated 26 Oct 2026 **$222M** raised across 5 rounds since 2021, from 6 sources **$5.7M** Round **$18M** Round **$1.2M** Round **$58M** Round **$140M** Series C - **Latest round:** Series C, $140M Sept 2026 - **Led by:** S32 - **Step-up i:** 2.4× - **Investors:** 18 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2022 2023 2024 2025 2026 **$5.7M** Round **$18M** Round **$1.2M** Round **$58M** Round **$140M** Series C - **First round:** Round, $5.7M - **Biggest round:** $140M - **Usual gap between rounds:** 21 months ## The rounds - **Sept 2026** Series C **$140M** *18 new* [S32](https://millionrounds.com/fund/s32) Lead [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [NVIDIA](https://millionrounds.com/fund/nvidia) [Catalio Capital Management](https://millionrounds.com/fund/catalio-capital-management) [Redalpine](https://millionrounds.com/fund/redalpine) [Singular](https://millionrounds.com/fund/singular) [Hummingbird Ventures](https://millionrounds.com/fund/hummingbird-ventures) [NATO Innovation Fund (NIF)](https://millionrounds.com/fund/nato-innovation-fund) [Anthropic's Anthology Fund](https://millionrounds.com/fund/anthropic-s-anthology-fund) [Inception Fund](https://millionrounds.com/fund/inception-fund) [Sovereign AI](https://millionrounds.com/fund/sovereign-ai) [PostScriptum](https://millionrounds.com/fund/postscriptum) [The Rockefeller Foundation](https://millionrounds.com/fund/the-rockefeller-foundation) [André Hoffmann](https://millionrounds.com/fund/andre-hoffmann) [European Tech Collective](https://millionrounds.com/fund/european-tech-collective) [Firebrand River Capital](https://millionrounds.com/fund/firebrand-river-capital) [King Philanthropies](https://millionrounds.com/fund/king-philanthropies) Reported by Ventureburn and 1 other - **Sept 2024** Round **$58M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Dec 2022** Round **$1.2M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Aug 2022** Round **$18M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Aug 2021** Round **$5.7M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet ## Funding filed with regulators Basecamp Research filed 6 raises, $113M in all. Filings say how much was sold and to how many investors; they never name the investors. - Sept 2026 **$1.7M** UK share allotment - Sept 2026 **$29M** UK share allotment - Sept 2024 **$58M** UK share allotment - Dec 2022 **$1.2M** UK share allotment - Aug 2022 **$18M** UK share allotment - Aug 2021 **$5.7M** UK share allotment ## Founders and team From Basecamp Research's own website: 4 on the team. - **Richard Pearce** Chief Business Officer - **Emma Bolton** VP of Global Research - **Sarah Cross** VP of People - **Nick Coleman** Finance Director ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Round** 2021 **Round** 2022 **Round** 2022 **Round** 2024 **Series C** 2026 [S32](https://millionrounds.com/fund/s32) L [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [NVIDIA](https://millionrounds.com/fund/nvidia) [Catalio Capital Management](https://millionrounds.com/fund/catalio-capital-management) [Redalpine](https://millionrounds.com/fund/redalpine) [Singular](https://millionrounds.com/fund/singular) [Hummingbird Ventures](https://millionrounds.com/fund/hummingbird-ventures) [NATO Innovation Fund (NIF)](https://millionrounds.com/fund/nato-innovation-fund) [Anthropic's Anthology Fund](https://millionrounds.com/fund/anthropic-s-anthology-fund) ## Everyone who backed them [S32](https://millionrounds.com/fund/s32) VC firm **1** round, led 1 [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) VC firm **1** round [True Ventures](https://millionrounds.com/fund/true-ventures-2) VC firm **1** round [NVIDIA](https://millionrounds.com/fund/nvidia) Company **1** round [Catalio Capital Management](https://millionrounds.com/fund/catalio-capital-management) VC firm **1** round [Redalpine](https://millionrounds.com/fund/redalpine) VC firm **1** round [Singular](https://millionrounds.com/fund/singular) VC firm **1** round [Hummingbird Ventures](https://millionrounds.com/fund/hummingbird-ventures) VC firm **1** round [NATO Innovation Fund (NIF)](https://millionrounds.com/fund/nato-innovation-fund) VC firm **1** round [Anthropic's Anthology Fund](https://millionrounds.com/fund/anthropic-s-anthology-fund) VC firm **1** round [Inception Fund](https://millionrounds.com/fund/inception-fund) VC firm **1** round [Sovereign AI](https://millionrounds.com/fund/sovereign-ai) Government **1** round [PostScriptum](https://millionrounds.com/fund/postscriptum) Venture studio **1** round [The Rockefeller Foundation](https://millionrounds.com/fund/the-rockefeller-foundation) Growth equity **1** round [André Hoffmann](https://millionrounds.com/fund/andre-hoffmann) Growth equity **1** round [European Tech Collective](https://millionrounds.com/fund/european-tech-collective) Growth equity **1** round [Firebrand River Capital](https://millionrounds.com/fund/firebrand-river-capital) Growth equity **1** round [King Philanthropies](https://millionrounds.com/fund/king-philanthropies) Institutional LP **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=basecamp-research). ## Also claim to have backed them These 3 firms list Basecamp Research as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [True Ventures](https://millionrounds.com/fund/true-ventures) VC firm Per its own site [Section 32](https://millionrounds.com/fund/section-32) VC firm Per its own site [Big Bang Ventures](https://millionrounds.com/fund/big-bang-ventures) VC firm Per its own site ## Quick answers about Basecamp Research ### Who invested in Basecamp Research? Basecamp Research's investors include S32, Menlo Ventures, True Ventures, NVIDIA and Catalio Capital Management, and 13 more on record. S32 led its latest round. ### How much has Basecamp Research raised? Basecamp Research has raised $222M across 5 rounds since 2021. ### When did Basecamp Research last raise? Basecamp Research's most recent round was a Series C of $140M in Sept 2026, led by S32. ### What was Basecamp Research's biggest round? Its most recent round, $140M in Sept 2026, is also its largest on record. ### Who backed Basecamp Research first? Basecamp Research's first round on record, in Sept 2026, was backed by S32, Menlo Ventures and True Ventures and 15 others. ### What stage is Basecamp Research at? Basecamp Research's latest named round is a Series C, in Sept 2026. ### Where is Basecamp Research based? Basecamp Research is based in the United Kingdom. ### Who led Basecamp Research's rounds? S32 led the Series C in 2026. ## Companies like Basecamp Research In the same sector, and raised in the last eighteen months. [**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app