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- Base Power Secures $200M to Fuel Texas Expansion
Base Power Secures $200M to Fuel Texas Expansion
Slice of Energy Team
April 10, 2025
Key Highlights:
Raised $200M in Series B, co-led by Addition, a16z, Lightspeed, and Valor
Factory launch planned in Texas to support national growth
Strategic partnerships with Lennar and Bandera Electric accelerating market penetration
Source: Business Wire
Notable Quotes:
“Base Power is committed to making energy more reliable and affordable - in the last year we've demonstrated meaningful progress on that mission.”
“Base Power has made extraordinary progress in a short time, demonstrating its ability to deliver innovative energy solutions that are both cost-effective and reliable.”
Why This Matters:
Base Power's $200 million Series B funding marks a major milestone in the U.S. energy transition. By scaling its battery-powered home energy solutions and establishing a manufacturing footprint in Texas, Base Power is not only meeting growing demand but also reinforcing energy resilience and affordability. Their rapid expansion, bolstered by partnerships with leading homebuilders and utilities, positions them as a key player in shaping the future of decentralized energy infrastructure.