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Base Power raises $1 billion in Series C funding, led by Addition, to accelerate the nationwide availability of affordable and reliable power.

PRIVATEOct 08, 2025

Amount Raised

$1 Billion

Round Type

Series C

AustinEnergyRenewable Energy

Investors

137 Ventures1789Ribbit CapitalStepstoneCapitalgElad GilTrust VenturesValor Equity PartnersThrive CapitalLightspeedAndreessen HorowitzAltimeterTerrainWayburySparkBondLowercarbonAvenirGlade BrookPositive SumAddition

Description

Base Power announced today it has raised $1 billion in Series C financing, led by Addition. The funding will support its plans to expand availability across the nation. The company has rapidly scaled its distributed energy operations and plans to build a new energy storage factory. This innovative company is addressing America's aging grid issues with reliable solutions.

Who to call at Base Power, and when

A new round usually means Base Power is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Base Power raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Base Power, from your own LinkedIn network

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Company Information

Company

Base Power

Location

Austin, Texas, United States

About

Base is building the future of American power. The grid is the largest, most complex machine in the world. But it’s aging, struggling to keep up with today’s demand, and is unprepared for our electrified future. Base is modernizing the grid as the first engineering-led, technology-driven power company. We’re deploying a nationwide network of distributed batteries that strengthens critical infrastructure and saves Americans money. Our team of engineers, operators, creatives, technicians, and electricians design and deploy systems at speed. If you want to tackle the problem that will define this century and shape the future of American energy, now is the time.

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Fundz sees it the moment Base Power raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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ML-powered predictions for Base Power's next move

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Base Power raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.