TWINBASIC LTD Secures Strategic Investment to Advance the Future of BASIC
Article date: 7th July 2026
TWINBASIC LTD today announced the successful completion of its first external investment round, securing strategic funding to accelerate development of the twinBASIC platform, expand the engineering team, and support the company's long-term vision.
For more than sixty years, BASIC and its descendants have introduced generations of people to programming while powering countless business applications. twinBASIC exists to honour that heritage by combining a strong commitment to backwards compatibility with the tools and capabilities expected of a modern development platform.
The round is led by RepSoft, LLC, alongside a group of experienced software industry investors united by a shared goal: supporting twinBASIC's growth and helping modernise the classic BASIC development ecosystem.
Since entering public preview, twinBASIC has attracted a global community of developers seeking to preserve and extend existing VB6 and VBA applications while embracing modern language features and development capabilities. The new funding will support continued investment in core compiler technology, tooling, platform reach, and the project's long-term sustainability.
The investment marks an important milestone in the evolution of twinBASIC, supporting its transition from an independent founder-led project into a dedicated software company focused on the platform's long-term development and success. The funding will help ensure that twinBASIC remains an actively developed and commercially sustainable platform for decades to come.
No changes are planned to twinBASIC's existing subscription model or its community-focused approach as a result of the investment. The company's commitment remains firmly centred on delivering long-term value for its users and customers.
Wayne Phillips, Founder of TWINBASIC LTD, said:
"When I started twinBASIC, the goal was simple: build the modern successor that VB6 and VBA developers had been waiting for. The community support over the past few years has been incredible, and this investment lets us accelerate that vision while staying true to what made twinBASIC special in the first place.
I'm delighted to welcome Jim and the other investors aboard. They've backed not just the technology, but the community and the long-term future of the platform. There's a huge amount of work ahead, and I'm incredibly excited about what we can achieve together.
This isn't the finish line—it's the starting line. We're building a company around twinBASIC for the long term, and we're looking forward to delivering even more for our users and customers in the years ahead. And finally, I'd like to thank the entire twinBASIC community. Many of you have supported the project since the earliest previews through subscriptions, testing, bug reports, feedback, documentation, and encouragement. This milestone simply wouldn't have been possible without you, and we're excited to continue building the future of twinBASIC together."
Jim Adam (RepSoft, LLC), Lead Investor, said:
"From the first time I saw twinBASIC, I recognised both the technical achievement and the opportunity it represents. A substantial global community of developers and businesses still depends on Visual Basic technologies, and twinBASIC offers them a credible, exciting path forward.
Wayne and the community have built something genuinely special. Our role is to provide support, experience, and resources to help the company realise its full potential, and we're proud to be part of that journey."
Development of twinBASIC will continue under Wayne Phillips' leadership, with the investment strengthening the platform's roadmap while preserving the project's long-term commitment to its users and community.
The company's vision remains to provide developers with a modern, commercially sustainable platform for preserving and extending their existing software investments while enabling the development of entirely new applications for years to come.
About twinBASIC
twinBASIC is a modern evolution of the BASIC programming language, building on more than sixty years of innovation while combining a strong commitment to backwards compatibility with contemporary language features, native code compilation, and ongoing platform development. Developed and supported by TWINBASIC LTD, it serves a global community of professional developers, businesses, and software enthusiasts.
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