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§ Corporate Venture Capital · Tokyo, Tokyo, Japan
E-commerce platform providing no-code online store creation, management tools, and financial services for small businesses and individuals.
BASE has raised $72.6M across 8 funding rounds.
Key people at BASE.
BASE has raised $72.6M in total across 8 funding rounds.
BASE is a Tokyo, Japan-based technology company that operates a no-code e-commerce platform allowing individuals, creators, and small businesses to independently create and manage online storefronts. The organization generates its revenue primarily through transaction and settlement fees, alongside premium subscription tiers, while also providing integrated financial services such as the PAY.JP payment gateway and the YELL BANK shop financing service. Operating as a publicly traded entity on the Tokyo Stock Exchange under the ticker TSE: 4477, the enterprise maintains a market capitalization of approximately ¥200 billion and employs over 200 personnel. The platform currently hosts over 2 million registered online shops, processes annual transaction volumes exceeding ¥1 trillion, and has received early financial backing from notable institutional investors including Global Brain, Mercari, and GIC. BASE was officially founded in 2012 by Japanese entrepreneur Yuta Tsuruoka.
Key people at BASE.
Base Technology is a Canadian information technology and network engineering company founded in 2004, specializing in building network infrastructure for remote communications.[1][2] It offers services like WiFi solutions, certified fibre optic networks, enterprise data networks, industrial power systems with a focus on renewable energy (including hydrogen production), and comprehensive IT support such as server management, remote access, and enterprise-grade security, primarily serving sectors like hospitality, municipalities, power companies, First Nations, and governments.[1][2]
The company solves connectivity challenges in rural and remote areas by delivering reliable, managed networks and IT operations that enhance community prosperity and business efficiency, with reported revenue of $14.6 million and fewer than 25 employees.[1][2] Its growth stems from long-term partnerships with Canadian federal and provincial governments, enabling infrastructure projects that support wide-area networks and renewable energy initiatives.[2]
Base Technology was established in 2004 in Whistler, British Columbia, Canada, as an engineering firm focused on IT and network infrastructure for challenging environments.[1][2] While specific founders are not detailed in available sources, the company quickly built a proven track record collaborating with the Canadian Federal Government, Provincial BC Government, and First Nations communities to deliver services that boost rural and remote prosperity.[2]
Early traction came from specialized projects like certified fibre optic installations (FOI-certified for design, implementation, and splicing) and WiFi networks for hospitality, evolving to include renewable energy solutions such as hydrogen production systems via a dedicated arm at www.h2basetech.com.[1][2] This government-backed work provided pivotal momentum, positioning it as a reliable partner for remote infrastructure amid growing demands for connectivity in underserved areas.[2]
Base Technology rides the trend of digital inclusion for remote and rural areas, capitalizing on surging demand for robust connectivity amid 5G/6G rollouts, remote work persistence, and green energy transitions.[1][2] Timing aligns with government priorities in Canada for bridging urban-rural divides, especially via partnerships with First Nations and provinces investing in fibre and renewables to counter urban concentration of tech infrastructure.[2]
Market forces like renewable energy mandates and hydrogen as a clean fuel vector favor its dual expertise in networks and power systems, while IT security needs grow with rising cyber threats in distributed operations.[1][2] It influences the ecosystem by enabling prosperity in underserved communities, supporting sectors like hospitality recovery post-pandemic and municipal digitization, though its small scale (<25 employees) limits broader disruption compared to giants.[1]
Base Technology is poised to expand in remote 5G/fibre hybrids and green hydrogen infrastructure, leveraging government contracts amid Canada's net-zero push and rural broadband initiatives.[2] Trends like AI-driven network management and edge computing for renewables will shape its path, potentially scaling via acquisitions or federal grants.
Its influence may evolve from niche enabler to key player in Indigenous-led tech projects, amplifying community impacts—reinforcing its core mission of connecting the unconnected where others can't or won't.[1][2]
BASE has raised $72.6M across 8 funding rounds. Most recently, it raised $500K Pre-Seed in June 2023.
BASE has raised $72.6M in total across 8 funding rounds.
BASE's investors include Treble Capital, Bain Capital Ventures, Greylock, Menlo Ventures, Wing Venture Capital, Amplifyher Ventures, Brooklyn Bridge Ventures, K50 Ventures, Lakehouse Ventures, Ryan Broshar, Acadian Ventures, Bread and Butter Ventures.
