Basis Set Ventures key facts
- Basis Set Ventures is a venture capital firm based in California with 49 tracked portfolio companies.
- Notable positions include Quince, Thinking Machines Lab, Nuro.
- PrivateMarketView records 3 deal participations by Basis Set Ventures.
- Basis Set Ventures’s most recent recorded investment was in Jun 2025, one of 15 in the last 12 months and 35 over two years.
- Basis Set Ventures has 6 funds on record, raising $495.5M across the 5 that report a size.
- The team roster lists 10 people.
About Basis Set Ventures
Founded in 2017, Basis Set Ventures is a venture capital firm based in Silicon Valley, California. The firm prefers to invest in the infrastructure, automation, artificial intelligence and robotics sectors.
Investment activity
Basis Set Ventures joined 1 recorded round in the last two years. By year: 1 in 2025, 1 in 2022 and 1 in 2019. Most recently: Thinking Machines Lab (seed round, Jun 2025) and Dynamo AI (seed round, Sep 2022).
Basis Set Ventures portfolio at a glance
49 portfolio companies are on record for Basis Set Ventures, including Quince, Thinking Machines Lab and Nuro.
31 of the 49 carry a recorded valuation and 1 have recorded secondary-market trades, the names a secondary buyer or seller can price.
Basis Set Ventures funds
6 funds are on record for Basis Set Ventures, totalling $496 million across the 5 that report a size. The most recent is Basis Set Ventures IV (2025 vintage).
Basis Set Ventures team
10 people are on record at Basis Set Ventures: 3 partners, 2 venture partners, 2 advisors, 1 managing partner and 2 others. Senior names include Lan Xuezhao (Founder), Chang Xu (Partner) and Ingrid Chen (Controller). 7 of them have a verified direct contact on file.
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- ·The top 10 names in the book — of 49 recorded positions
- ·Watchlist + alerts for Basis Set Ventures's activity
Portfolio
49 companies · priced for members| Company | Industry | Valuation | First invested | Role |
|---|---|---|---|---|
| Quince | Clothing | ▮ | ▮ | ▮ |
| Thinking Machines Lab | — | ▮ | ▮ | ▮ |
| Nuro | Automotive | ▮ | ▮ | ▮ |
+ 46 more companies · all 49, priced and dated or a free account shows the top 10 names — no card Membership and data by Private Market View | ||||
Basis Set Ventures recent deals
3 recordedMembership and data by Private Market View
Funds
6 recorded- Basis Set Ventures IV2025$250
- Basis Set Minds, LP2025$24.5M
- Basis Set Ventures IV, L.P.2025—
- Basis Set Ventures III, L.P.2023$185.0M
- Basis Set Ventures II, L.P.2020$150.0M
- Basis Set Ventures I, L.P.2017$136.0M
$495.5M raised across the 5 funds that report a size
Partners, principals, and the people who answer a pitch. Pro members reveal contacts with credits.
Frequently asked about Basis Set Ventures
- What companies does Basis Set Ventures invest in?
- Basis Set Ventures has 49 recorded portfolio companies, including Quince, Thinking Machines Lab, Nuro.
- What is Basis Set Ventures's AUM?
- Basis Set Ventures manages approximately $500.0M in assets.
- Is Basis Set Ventures actively investing?
- Basis Set Ventures's most recent recorded investment was in Jun 2025, with 15 investments in the last 12 months.