AI
Company Profile
Base Power is an Austin energy company deploying utility-scale fleets of home batteries as a distributed grid, hitting a $13B valuation in August 2026 on its second $1B round in ten months.
Founded 2023Austin, TX$2.5B+ raised$13B (Aug 2026) valuation
Investors
AdditionRibbit CapitalValor Equity PartnersJPMorganChase Strategic Investment GroupThrive CapitalAndreessen HorowitzLightspeed Venture Partners
Funding & Valuation History
from our coverage| Date | Event | Amount | Valuation | Source |
|---|---|---|---|---|
| Aug 3, 2026 | Series D | $1B | $13B | Story → |
| Oct 8, 2025 | Series C | $1B | $4B | — |
Base Power FAQ
- What is Base Power's valuation in 2026?
- Base Power was last valued at $13B (Aug 2026) in its most recent funding round.
- How much has Base Power raised?
- Base Power has raised approximately $2.5B+ in total funding to date.
- Is Base Power publicly traded?
- No. Base Power is privately held, last valued at $13B (Aug 2026).
- Who are Base Power's investors?
- Base Power's investors include Addition, Ribbit Capital, Valor Equity Partners, JPMorganChase Strategic Investment Group, Thrive Capital, Andreessen Horowitz, Lightspeed Venture Partners.
Coverage Timeline
newest first- Aug 9, 2026AIPhysical AI's Biggest Week Yet: $21 Billion→
- Aug 6, 2026FUNDINGThe Real AI Bottleneck This Week Was Power$18.8B combined→
- Aug 6, 2026FUNDINGThis Week's AI Infra Rounds Already Top $3.5B→
- Aug 4, 2026FUNDINGBase Power Raises $1B at $13B for Home Batteries$1B Series D→
- Aug 3, 2026FUNDINGBase Power Raises $1B, Launches Home Battery$1B Series D→
- Aug 3, 2026FUNDINGBase Power Raises $1B More for Grid Batteries$1B @ $13B val→
- Aug 3, 2026FUNDINGBase Power Raises Another $1B for Home Batteries$1B @ $13B val→
All Coverage
AI
Physical AI's Biggest Week Yet: $21 Billion
Six deals in seven days — Lumilens, Hadrian, Terafab, Valar Atomics, Base Power and K2 Space — pushed more than $21 billion into reactors, factories, satellites and chips, not a single model release among them.
DEEP DIVE
FUNDING
The Real AI Bottleneck This Week Was Power
FUNDING$18.8B combined
The Real AI Bottleneck This Week Was Power
Three separate US infrastructure rounds this week -- Valar Atomics' $1B nuclear raise, Base Power's $1B grid battery round, and Tesla-SpaceX's $16.8B chip fab -- show investors funding the physical layer beneath AI as heavily as the models themselves.
BY THE NUMBERS
FUNDING
This Week's AI Infra Rounds Already Top $3.5B
FUNDING
This Week's AI Infra Rounds Already Top $3.5B
Six rounds priced between August 3 and 6 -- Base Power, Valar Atomics, ICEYE, Olix, Obsidian Security and Faye -- add up to roughly $3.5B in fresh capital, almost all of it flowing to physical AI infrastructure, not software.
BY THE NUMBERS
FUNDING
Base Power Raises $1B at $13B for Home Batteries
FUNDING$1B Series D
Base Power Raises $1B at $13B for Home Batteries
A consortium led by JPMorgan's Strategic Investment Group put $1B into Base Power at a $13B valuation, backing a company that leases home batteries and sells the aggregated capacity back to the grid.
FUNDING
Base Power Raises $1B, Launches Home Battery
FUNDING$1B Series D
Base Power Raises $1B, Launches Home Battery
Base Power raised $1B at a $13B valuation and launched Base Core, a 39.2 kWh home battery built in Austin -- a bet that AI-driven grid strain shows up first at the household level.
FUNDING
Base Power Raises $1B More for Grid Batteries
FUNDING$1B @ $13B val
Base Power Raises $1B More for Grid Batteries
Base Power closed a $1B Series D at a $13B valuation, less than a year after its last billion-dollar round, to keep installing home batteries at roughly 100 per day.
FUNDING
Base Power Raises Another $1B for Home Batteries
FUNDING$1B @ $13B val
Base Power Raises Another $1B for Home Batteries
Base Power, founded by Zach Dell, raised another $1B Series D at a $13B valuation to keep installing backyard home batteries it never sells to customers -- it owns and monetizes them as grid assets.