Base Power
Summary active Updated Aug 3, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Investors
About
Base Power is an Austin, Texas-based energy company that installs residential battery systems in customers’ backyards to store electricity and help stabilize the power grid 12. The company operates in Texas and Illinois, installing approximately 100 batteries per day and has deployed more than 500 megawatt-hours of storage capacity to date 12. Base offers batteries on a subscription basis: customers pay an installation fee plus a monthly rate and per-kilowatt-hour charges 1. The company manufactures its “Base Core” 39.2 kWh battery unit at an Austin factory 12.
Disclaimer: This is a lean profile built from initial round coverage and may be expanded as more information becomes available.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-08-03 | Series D | $1B | Ribbit, Addition, Valor Equity Partners, JPMorganChase Strategic Investment Group | Altimeter, D1 Capital Partners, Sands Capital, Coatue, Layer Global, Energy Impact Partners, Thrive Capital, Andreessen Horowitz, Lightspeed, Trust Ventures, CapitalG 12 |
The Series D was raised at a post-money valuation of approximately $13 billion 12.
What Investors Say
No independently sourced investor commentary beyond press-release attribution at this time.
What Founders Say
No independently sourced founder quotes available at this time.
Sources
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TechCrunch, “Base Power raises another $1B to save the grid using backyard batteries,” August 3, 2026. Accessed August 2026. https://techcrunch.com/2026/08/03/base-power-raises-another-1b-to-save-the-grid-using-backyard-batteries/↩↩↩↩↩↩
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AlleyWatch, “The AlleyWatch Startup Daily Funding Report: 8/3/2026,” August 3, 2026. Accessed August 2026. https://alleywatch.com/2026/08/the-alleywatch-startup-daily-funding-report-8-3-2026/↩↩↩↩↩