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Base Power Raises $1B, Valued $13B, Plans Double Installations

8/3/2026

47 7 Full Breakdown

Summary

Story summary

Base Power raised $1 billion in a Series D round, valuing it at $13 billion.
The firm has installed 500 MWh of storage and now adds about 100 home batteries each day.
Base Power plans to double daily installs to roughly 200 batteries, delivering 8 MWh per day.
It unveiled the Base Core battery built in Austin with 39.2 kWh capacity in single- or double-unit options.
Ribbit, Addition, Valor Equity Partners and JPMorgan Chase led the Series D round.

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Story summary

Base Power raised $1 billion in a Series D round, valuing it at $13 billion.
The firm has installed 500 MWh of storage and now adds about 100 home batteries each day.
Base Power plans to double daily installs to roughly 200 batteries, delivering 8 MWh per day.
It unveiled the Base Core battery built in Austin with 39.2 kWh capacity in single- or double-unit options.
Ribbit, Addition, Valor Equity Partners and JPMorgan Chase led the Series D round.