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Economic Times Tech
Economic Times Tech
6/23/2026
AI startup Baseten hits $13 billion valuation as Australia's Blackbird makes record bet

AI startup Baseten hits $13 billion valuation as Australia's Blackbird makes record bet

Short summary

Baseten, an AI infrastructure startup, achieved a $13 billion valuation in a new funding round led by U.S. investors Sands Capital and Wellington Management. Australia's Blackbird VC contributed its largest-ever investment, marking strong confidence in the company. The exact funding amount remains undisclosed.

  • •Baseten reaches $13B valuation in new funding round
  • •Led by Sands Capital and Wellington Management
  • •Blackbird VC makes record investment in company

Generated with AI, which can make mistakes.

#funding-acquisition#ai-tools#industry-adoption
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