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Company intelligence · Prepared from public filings

Basecamp Research · registered as Basecamp Research Ltd

ACTIVENo. 12354133Incorporated 9 Dec 2019LondonAI models for therapeutic design
Register data as of 30 Sept 2026
11 filings read · view all sources ↓
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Raised, filed rounds
£85.0m
Priced rounds
5
Peak step-up
37.6x
Peak implied valuation
£536.2m
Last allotment
Sept 2026
The press said
$140m Series C led by S32 with NVIDIA and Anthropic's Anthology Fund, valuation undisclosed (23 Sept 2026) · source ↗
Announcements are claims; the figures below are computed from filed documents. Announced valuations are usually fully diluted, so the register-implied figure reads below the headline.
Exhibit 1

Implied valuation at each priced allotment, 2020 to 2026

Implied post-money, GBP · price per share beneath each point · from SH01 filings
£10.0m£100.0m202020212022202320242025202628 May 2020: £3.6m implied post-money at £1.30 per share12 Aug 2021: £11.8m implied post-money at £2.77 per share5 Aug 2022: £53.6m implied post-money at £9.20 per share9 Sept 2024: £133.9m implied post-money at £15.13 per share1 Sept 2026: £536.2m implied post-money at £48.86 per share£3.6m£1.30/sh£11.8m£2.77/sh£53.6m£9.20/sh£133.9m£15.13/sh£536.2m£48.86/sh
Source: Companies House, forms SH01 filed by Basecamp Research; Tero analysis. Each point is one filed allotment; click any point to open the underlying filing.
Exhibit 2

Funding rounds, as filed

AllottedShare classPrice / shareRaisedImplied post-moneyStep vs priorSource
1 Sept 2026C1 PREFERENCE£48.86£21.2m£536.2m▲ 3.2xSH01 ↗
9 Sept 2024B PREFERENCE£15.13£44.2m£133.9m▲ 1.6xSH01 ↗
5 Aug 2022A2 PREFERENCE£9.20£14.5m£53.6m▲ 3.3xSH01 ↗
12 Aug 2021A1 PREFERENCE£2.77£4.1m£11.8m▲ 2.1xSH01 ↗
28 May 2020A Preference£1.30£1.0m£3.6mfirstSH01 ↗
Total, 5 priced rounds£85.0m
Source: Companies House filing history, company 12354133. Every row links to the filed document it was read from. Prices and share counts as filed; implied post-money is price per share times shares in issue after the allotment.
Methodology
Notes. Raised is the sum of shares allotted times price per share across priced allotments filed on form SH01. Peak step-up is the highest price per share divided by the first priced round. Implied post-money is price per share times shares in issue after the allotment: an approximation that ignores class rights and unexercised options. Allotments classified as option-scheme or nominal issues are excluded from the trajectory.
Primary documents
Every figure on this page is read from a document filed at Companies House and links to it. The full record is public: filing history of Basecamp Research at Companies House ↗. Tero retains an archived copy of each parsed filing. Information, not investment advice.