Base Power, an Austin, Texas-based vitality firm, raised $200m in Sequence B funding.
The spherical was co-led by Addition, Andreessen Horowitz, Lightspeed Enterprise Companions and Valor Fairness Companions with participation from current buyers Thrive Capital, Altimeter, Terrain, Belief and others. As a part of the funding, Addition founder Lee Fixel will be a part of Base Energy’s board alongside Antonio Gracias of Valor Fairness Companions.
The corporate intends to make use of the funds to proceed its development, constructing its first manufacturing facility in Texas.
Based in 2023 by Zach Dell, CEO, Base Energy is an vitality firm constructing a grid for the longer term—beginning with battery-powered dwelling vitality service. In lower than a yr since launch, the corporate has partnered with Lennar, a nationwide homebuilder, and, extra not too long ago, with Bandera Electrical, and expanded quickly in Texas throughout the Dallas-Fort Value, Houston, and Austin metro areas.
FinSMEs
10/04/2025
