Tech Company Financing Transactions
Base Power Funding Round
On 10/8/2025, Base Power landed $1 billion in Series C funding from Addition, 137 Ventures and Altimeter Capital.
Transaction Overview
Company Name
Announced On
10/8/2025
Transaction Type
Venture Equity
Amount
$1,000,000,000
Round
Series C
Investors
Addition (Lead Investor)
private investors (Elad Gil)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
205 E Riverside Drive
Austin, TX 78704
USA
Austin, TX 78704
USA
Phone
Undisclosed
Website
Email Address
Overview
The power grid needs an upgrade. With the rise of wind and solar generation, America is producing more electricity at cheaper costs than ever before -- yet the electricity we buy is getting less reliable and more expensive. The aging grid is holding us back. It is not fit to harness today's renewable energy sources, and is unprepared for future demand from population growth and the electrification of our economy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zach Dell
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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