{"id":100007,"date":"2025-01-24T00:00:00","date_gmt":"2025-01-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/qora71-backs-basetwo-in-usd-11-5-mn-series-a-round\/"},"modified":"2025-01-24T00:00:00","modified_gmt":"2025-01-24T00:00:00","slug":"qora71-backs-basetwo-in-usd-11-5-mn-series-a-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/01\/24\/qora71-backs-basetwo-in-usd-11-5-mn-series-a-round\/","title":{"rendered":"Qora71 backs Basetwo in USD 11.5 mn Series A round"},"content":{"rendered":"

UAE-based investment firm Qora71 participated in Toronto-based AI <\/strong>platform for manufacturing engineers <\/strong>Basetwo AI'<\/a><\/strong>s USD 11.5 mn <\/strong>s<\/strong>eries A funding round<\/strong>, which was led by AVP and included contributions from Glasswing Ventures, Deloitte Ventures Canada, Global Brain Corporation, Shimadzu Corporation, and Chiyoda Corporation, according to a press release<\/a>.<\/p>\n

(** Tap or click the headline above to read this story with all of the links to our background and outside sources.)<\/strong><\/p>\n

Where will the money go? <\/strong>The company will use the funding to develop its AutoPilot technology for autonomous, real-time manufacturing control, and expand its presence across the US, Europe and the Middle East. It will also continue to grow its teams. <\/p>\n

About the startup: <\/strong>Basetwo \u2014 which has an Abu Dhabi office \u2014 offers chemicals and pharma manufacturers a platform where they can run virtual experiments and simulate process changes before implementation in a bid to cut down on cycle times and improve product quality. The current platform\u2019s technologies are able to improve product quality by 25% and reduce cycle times and raw material usage by 40%. <\/p>\n","protected":false},"excerpt":{"rendered":"

The company will use the funding to develop its AutoPilot technology for autonomous, real-time manufacturing control<\/p>\n","protected":false},"author":1,"featured_media":100008,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1548],"tags":[610,7,1342,64,78],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-100007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-artificial-intelligence","tag-enterpriseam-uae","tag-investment","tag-manufacturing","tag-startup-watch","wpautop","entry"],"acf":{"mongo_id":"1e1bebd8-e02e-4baa-abc6-4c1ae301d628","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/1727.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Qora71 backs Basetwo in USD 11.5 mn Series A round","related_issue":[99997],"teaser":"The company will use the funding to develop its AutoPilot technology for autonomous, real-time manufacturing control","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.280a7e2f-f697-4961-8b68-423b8fca2900.mp3"},"yoast_head":"\nQora71 backs Basetwo in USD 11.5 mn Series A round - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/01\/24\/qora71-backs-basetwo-in-usd-11-5-mn-series-a-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qora71 backs Basetwo in USD 11.5 mn Series A round\" \/>\n<meta property=\"og:description\" content=\"The company will use the funding to develop its AutoPilot technology for autonomous, real-time manufacturing control\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2025\/01\/24\/qora71-backs-basetwo-in-usd-11-5-mn-series-a-round\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-24T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1727.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/24\/qora71-backs-basetwo-in-usd-11-5-mn-series-a-round\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/24\/qora71-backs-basetwo-in-usd-11-5-mn-series-a-round\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Qora71 backs Basetwo in USD 11.5 mn Series A round\",\"datePublished\":\"2025-01-24T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/24\/qora71-backs-basetwo-in-usd-11-5-mn-series-a-round\/\"},\"wordCount\":183,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/24\/qora71-backs-basetwo-in-usd-11-5-mn-series-a-round\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1727.jpg?fit=%2C&ssl=1\",\"keywords\":[\"artificial intelligence\",\"EnterpriseAM UAE\",\"investment\",\"MANUFACTURING\",\"STARTUP WATCH\"],\"articleSection\":[\"STARTUP WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/24\/qora71-backs-basetwo-in-usd-11-5-mn-series-a-round\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/24\/qora71-backs-basetwo-in-usd-11-5-mn-series-a-round\/\",\"name\":\"Qora71 backs Basetwo in USD 11.5 mn Series A round - 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