Sunya Get smarter about energy transition
  • Home
  • Industry News
  • Newsletter
  • Podcast
  • Contact Us
Sunya
Industry News
October 9, 2025

Base Power Raises $1 Billion Series C to Build the Future of American Power

Newsfeed
Base Power Raises $1 Billion Series C to Build the Future of American Power

Oct 8, 2025 9:38 AM Eastern Daylight Time

Funding will accelerate nationwide availability of Base’s affordable, reliable power

AUSTIN, Texas–(BUSINESS WIRE)–Base Power announced today it has raised $1 billion in Series C financing, led by Addition. All other major investors are re-investing, including Trust Ventures, Valor Equity Partners, Thrive Capital, Lightspeed, Andreessen Horowitz, Altimeter, StepStone, Elad Gil, 137 Ventures, Terrain, and Waybury. New major investors include Ribbit, CapitalG, Spark, BOND, Lowercarbon, Avenir, Glade Brook, Positive Sum, and 1789.

Power is the foundation of day-to-day life, yet America’s aging grid is strained, unreliable, and increasingly vulnerable. Base is a first-of-its-kind energy company powering America with reliable and affordable electricity. Base delivers for homeowners and for the grid through a network of distributed storage technology.

“The chance to reinvent our power system comes once in a generation,” said Zach Dell, CEO and co-founder of Base Power. “The challenge ahead requires the best engineers and operators to solve it and we’re scaling the team to make our abundant energy future a reality.”

In less than two years, Base has deployed more than 100 MWh of residential battery capacity. That pace makes it one of the fastest-scaling distributed energy platforms in the U.S., driven by organic growth, partnerships with leading homebuilders like Lennar and with forward-thinking utilities. The company has also rapidly expanded operations, now serving homeowners across the Dallas–Fort Worth metroplex, Greater Houston, and the Austin region, with plans to expand nationally in the near future.

To meet current and future demand, Base is building its first energy storage and power electronics factory at the site of the former Austin American-Statesman printing press in the heart of downtown Austin.

Base recently qualified for Texas’s Aggregated Distributed Energy Resource (ADER) program, which allows distributed batteries to be combined and bid directly into the grid. This participation strengthens reliability statewide and generates additional revenue from the grid, helping Base lower costs for homeowners while proving how distributed assets can operate at utility scale.

“We’re building domestic manufacturing capacity for fixing the grid,” said Justin Lopas, COO and co-founder of Base Power. “The only way to add capacity to the grid is physically deploying hardware, and we need to make that here in the U.S., ourselves. This factory in Austin is our first, and we’re already planning for our second. We’re building the infrastructure, systems, tools, processes, supporting software, and team that’s reindustrializing America and reinventing the grid.”

The chance to reinvent America’s power system is here. Apply today at basepowercompany.com/careers.

About Base Power

Founded in 2023 and headquartered in Austin, Texas, Base Power is an energy company building a grid for the future—starting with battery-powered home energy. The company’s mission is to advance human prosperity through energy abundance—delivering reliable and affordable power for all. Learn more at www.basepowercompany.com.

Contacts

Media Contact:
[email protected]

TAGS: #industrynews
PREVIOUS ARTICLES
Home > Industry News
October 9, 2025

Cenovus announces amended agreement with increased price to acquire MEG Energy and provides update on third-quarter operating results

NEXT ARTICLES
Home > Industry News
October 9, 2025

Google is powering Belgium’s digital future with a two-year €5 billion investment in AI infrastructure.

Comments are closed.
Related Post
December 2, 2024
Xpansiv Launches Carbon Removals-Only Trading on its
April 23, 2024
Air Products Announces Plans to Build Network
June 10, 2025
Fervo Energy Drills 15,000-FT, 500°F Geothermal Well,
March 6, 2025
Liverpool FC and 1PointFive Announce Product Collaboration

Recent Posts

  • BKV Announces Acquisition of Control Position in BKV-BPP Power Joint Venture to Accelerate Growth Strategy
  • Redwood Accelerates Energy Storage, Announces $350 Million Series E Funding
  • Tamboran Raises US$56.1 Million via Public Offering, Enters Into PIPE With Proceeds of up to US$29.3 Million
  • Excelerate Energy Signs Definitive Agreement for Fully Integrated Floating LNG Import Terminal in Iraq
  • Glenfarne Grows Alaska LNG Commercial Momentum with Tokyo Gas Agreement

Archives

  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023

Categories

  • Industry News
  • Newsletter
  • Podcast
Scroll To Top
© Copyright 2024 Sunya Technologies Inc.