Basis Set Builders, LLC
SEC exempt reporting adviser (venture capital exemption).
- Website
- https://www.basisset.com
- HQ
- CA
Basis Set Builders, LLC is an AI-native venture fund that has operated since 2017, born from the science of minds and machines. Its team includes founder and partner Dr. Lan Xuezhao, AI Partner Pascal, and CTO and Partner Rachel Wong, along with other partners and venture partners. Portfolio companies include Path Robotics, which builds autonomous robotic welding systems using computer vision and AI; OpenArt, a platform for AI art enthusiasts; and Entire, a developer platform where humans and AI agents collaborate.
01 · Says / Does
| Tag | Says | Does |
|---|---|---|
| Stages | Not stated | Not enough dated deals |
| Sectors | Not stated | Not enough dated deals |
| Regions | Not stated | Not enough dated deals |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Basis Set Minds, LP Basis Set is an AI-native venture fund, active since 2017, backing founders building AI-driven products. Its portfolio spans autonomous robotics, molecular discovery, developer platforms for humans and AI agents, creative tools, and AI infrastructure. Inferred from the firm's website and portfolio companies | 2025 | $24.5M (Form D) | Open, writing first checks |
| Basis Set Ventures III, L.P. Basis Set is an AI-native venture fund, active since 2017, backing founders building AI-driven products. Its portfolio spans autonomous robotics, molecular discovery, developer platforms for humans and AI agents, creative tools, and AI infrastructure. Inferred from the firm's website and portfolio companies | approx. 2023 | $185M to $187.34M (Form D and SEC adviser filing) | Open, writing first checks |
| Basis Set Ventures II, L.P. | approx. 2020 | $150M to $164.8M (Form D and SEC adviser filing) | Follow-ons only |
03 · People across funds
- Xuezhao Lan, Managing Director of the General Partner of the Issuer
Basis Set Minds, LP (Named on Form D); Basis Set Ventures III, L.P. (Named on Form D); Basis Set Ventures II, L.P. (Named on Form D)
- Brexton Pham, Venture Partner
Basis Set Minds, LP (Team); Basis Set Ventures III, L.P. (Team); Basis Set Ventures II, L.P. (Team)
- Catherine Stewart, Venture Partner
Basis Set Minds, LP (Team); Basis Set Ventures III, L.P. (Team); Basis Set Ventures II, L.P. (Team)
- Ingrid Chen, Controller & Partner
Basis Set Minds, LP (Team); Basis Set Ventures III, L.P. (Team); Basis Set Ventures II, L.P. (Team)
- JB Michel, Venture Partner
Basis Set Minds, LP (Team); Basis Set Ventures III, L.P. (Team); Basis Set Ventures II, L.P. (Team)
- Jennifer Lee, General Counsel & Partner
Basis Set Minds, LP (Team); Basis Set Ventures III, L.P. (Team); Basis Set Ventures II, L.P. (Team)
- John Mannes, Venture Partner
Basis Set Minds, LP (Team); Basis Set Ventures III, L.P. (Team); Basis Set Ventures II, L.P. (Team)
- Lan Xuezhao, Founder & Partner
Basis Set Minds, LP (Team); Basis Set Ventures III, L.P. (Team); Basis Set Ventures II, L.P. (Team)
- Pascal, AI Partner
Basis Set Minds, LP (Team); Basis Set Ventures III, L.P. (Team); Basis Set Ventures II, L.P. (Team)
- Rachel Wong, CTO & Partner
Basis Set Minds, LP (Team); Basis Set Ventures III, L.P. (Team); Basis Set Ventures II, L.P. (Team)
- Sebastien Boyer, Venture Partner
Basis Set Minds, LP (Team); Basis Set Ventures III, L.P. (Team); Basis Set Ventures II, L.P. (Team)
- Sheila Vashee, Venture Partner
Basis Set Minds, LP (Team); Basis Set Ventures III, L.P. (Team); Basis Set Ventures II, L.P. (Team)
- Wilson Kyi, Partner
Basis Set Minds, LP (Team); Basis Set Ventures III, L.P. (Team); Basis Set Ventures II, L.P. (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- https://www.basisset.com
- https://airtable.com/app7xaCYEc3Nxwwza/pagiIatESW1SkIvFf/form
- https://www.basisset.com/team
- https://www.basisset.com/
- https://www.basisset.com/portfolio-companies/path
- https://www.basisset.com/portfolio-companies/entire
- https://www.basisset.com/portfolio-companies/openart
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026