Houten, the Netherlands-based Basetime, a specialist in autonomous precision monitoring of ground movement, announced it has secured undisclosed funding in the latest round.
ROM Utrecht Region, Value Creation Capital, and Ernij Next jointly invested in the round.
The latest capital will enable the company to make its autonomous measurement solutions globally available to enhance safety and sustainability.
This investment accelerates the company’s expansion into new markets, optimises its platform, and drives continued technological innovation.
Basetime: Develop autonomous measurement solutions
Led by Martijn Arkesteijn, Basetime develops autonomous measurement solutions that provide near-real-time insights into the movements of soil, water levels, and structures.
The Locator One and the Parvamoti platform combine smart sensor technology with powerful data processing.
CEO Martijn Arkesteijn explains, “The foundation of Basetime is solid. The product, software, and platform are ready. Now is the time to scale up, optimise our products and services, and contribute to global challenges: monitoring ageing infrastructure and increasingly frequent landslides to create a safer working and living environment.”
In recent years, the Dutch company has focused intensively on product development and exploring new markets.
As a result, the company contributes to a safer and more sustainable world by providing reliable measurement data.
ROM Utrecht Region
ROM Utrecht Region is a social investor that increases access to capital for innovative companies in the region. The ROM invests in the major transition sectors important for tomorrow’s economy: digital, health, and sustainability.
The ROM has three funds: the Vroege Fase Financiering (VFF) Fund, the Healthy Urban Living Proof of Concept Fund (POC), and the Participation Fund.
“With Locator One and Parvamoti, Basetime has developed a high-quality and unique product with a strong value proposition that is recognised by the market,” says Joyce Houterman, Investment Manager at ROM Utrecht Region. “With its innovative technology and skilled team, Basetime has all the ingredients to become the standard in geodetic monitoring. Together with our fellow investors, we look forward to supporting Basetime in its continued growth and product development.”
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