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Basetwo to Showcase Innovative Solutions at NGen Summit, Highlighting Collaborative Efforts with Genecis and NGen

Toronto, January 30, 2024Basetwo, a frontrunner in AI-enabled manufacturing solutions, is thrilled to announce its participation in the NGen Summit, Canada's premier forum for advanced manufacturing. The event, slated to take place on February 8th, 2024, will provide a platform for Basetwo to showcase its cutting-edge technologies and collaborative projects aimed at revolutionizing the industry.

At the heart of Basetwo's participation in the NGen Summit is its ongoing collaboration with Genecis, a leading Canadian biotechnology company, and Next Generation Manufacturing Canada (NGen). After securing $4.3 million in funding from NGen, Basetwo and Genecis are spearheading initiatives that promise to redefine the landscape of sustainable life science manufacturing.

The project, driven by a shared vision of leveraging next-generation technologies, focuses on the development of hybrid models that integrate AI with the principles of physics and chemistry. These innovative models, often referred to as 'digital twins,' enable the simulation and optimization of complex industrial systems in real-time, revolutionizing operations across various scales.

"We're excited to showcase our collaborative efforts with Genecis and NGen at the NGen Summit," said Thouheed, CEO of Basetwo. "Our partnership exemplifies our dedication to driving innovation and sustainability in the manufacturing sector, paving the way for a more efficient and resilient future."

Luna Yu, CEO of Genecis, echoed similar sentiments, stating, "At Genecis, we are proud to join forces with Basetwo and NGen in advancing the frontiers of life science manufacturing. Together, we are poised to position Canada as a global leader in next-generation manufacturing technologies."

Basetwo's participation in the NGen Summit underscores its commitment to collaboration, innovation, and sustainability, driving positive change within the industry and beyond.

About Basetwo:

Basetwo is an AI co-pilot for manufacturing engineers. The platform provides engineers with recommendations on the next best action they can take to optimize production yield, cycle time and reduce costs. To date, Basetwo has helped Fortune 500 manufacturers worldwide reduce scale-up time and operational costs by over 40%.

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About Genecis:

Genecis is a leading Canadian biotech company turning organic waste into sustainable, biodegradable materials, offering a circular economy solution for products’ beginning and end of life.

About NGen:

Next Generation Manufacturing Canada (NGen) is Canada’s leading organization dedicated to advancing manufacturing capabilities through strategic investments in technology, innovation, and collaboration. NGen supports projects that drive economic growth, create skilled jobs, and position Canada as a global leader in advanced manufacturing.

For more information about Basetwo, Genecis, and this transformative project, please contact:

Victoria Galimanis

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