Base Power Raises $1 Billion Series D
Base Power posts announce Base Core battery launch alongside $1B Series D round.
Zach Dell and Base Power shared posts announcing the launch of Base Core, a 39.2 kWh residential battery built in Austin. The posts also described a $1 billion Series D round. Multiple investors including Katherine Boyle, Brad Gerstner, Elad Gil, Jamin Ball, Packy McCormick, Patrick O'Shaughnessy, David Lee, and Michael Dell reposted or quoted the announcement. One visible retweet referenced Ribbit Capital. Product specifications and funding details appear only in the company and founder posts.
Today, we're launching Base Core, our own battery designed & built in Texas, and announcing our $1B Series D to bring it to homes across the country. Three years ago, we started Base with a belief that batteries were the unlock to energy abundance. We saw battery storage as the…
Reactions
17 postsPM 
Packy McCormick@packyMWhat SpaceX is to space and Anduril is to defense, I think Base will be to energy. Now it has $1B more to put to work making energy affordable and reliable, and a fully Base designed & manufactured battery, Base Core. The things they told me they were going to do in Chapters 1…
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PO ZD Zach Dell@ZachBDellToday, we're launching Base Core, our own battery designed & built in Texas, and announcing our $1B Series D to bring it to homes across the country. Three years ago, we started Base with a belief that batteries were the unlock to energy abundance. We saw battery storage as the…
- likes: 1.2K
- replies: 124
- bookmarks: 275
- reposts: 119
BP Base Power@basepowercoThank you to @WSJ for covering the launch of Base Core and our $1B Series D. The U.S. is undergoing a foundational shift in energy demand, and traditional power generation can't scale fast enough to meet it. Meeting demand this fast calls for new technology that works alongside…
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MD Michael Dell 🇺🇸@MichaelDellWe need energy abundance. Let @ZachBDell @basepowerco 👨🍳
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AP Anthony Pompliano 🌪@APomplianoBase Power has announced a $1 billion funding round at $13 billion valuation. @ZachBDell, @JLopas, and the team at @basepowerco are building the next great power company in America. Never underestimate a talented, ambitious team with a chip on their shoulder.
- likes: 233
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- bookmarks: 22
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