Press Release

Baseten Secures $150 Million
Series D

September 5, 2025

Palo Alto – September 5, 2025 – Cooley advised Baseten, a company powering inference for the world’s fastest-growing artificial intelligence products, on its $150 million Series D financing, valuing the company at $2.15 billion. The round was led by BOND, with participation from new investors CapitalG, Premji, and Kevin and Elizabeth Weil of Scribble, as well as existing investors Conviction, 01a, IVP, Spark and Greylock. This new round of funding brings Baseten’s total capital raised to more than $285 million.

Lawyers Josh Seidenfeld, Daniel Lee, Alice Wu, Sam Thompson, Celine Koh and Sharon Connaughton led the Cooley team advising Baseten.

Cooley previously advised Baseten on its $75 million Series C in February 2025.

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