Blackbird Ventures – Baseten Labs

Blackbird FOF25 Pty Ltd as trustee for Blackbird Ventures 2025 Follow-On Fund Trust (Blackbird FOF25) proposes to purchase shares of Series E Preferred Stock in a capital raise by Baseten Labs, Inc (Baseten).

Blackbird FOF25 is a venture capital fund managed by Blackbird Ventures. Blackbird Ventures is a venture capital firm based in Australia and New Zealand that invests in early-stage and high-growth technology companies. Funds managed by Blackbird Ventures (including Blackbird FOF25) hold minority investments in companies in Australia, New Zealand and around the world.

Baseten is a provider of an artificial intelligence (AI) inference platform and is based in San Francisco. Baseten's platform enables customers to deploy AI models across multiple clouds, regions, and geographies through its multi-tenant, single-tenant, and self-hosted deployment options. Baseten also offers on demand AI training capabilities for companies deploying custom or fine-tuned models. The Baseten platform encompasses models across various modality and use cases, including large language models, speech-to-text, text-to-speech, image generation, video generation, embeddings, and multi-model workflows.