FUNDING
Key Metrics
Valuation
$13B (Aug 2026)
As of Aug 2026Value Add Pulse research
Total funding
$2.5B+
As of Aug 12, 2026Value Add Pulse research
Company Snapshot
Base Power is a Energy/Grid company, based in Austin, TX, founded 2023. Latest valuation $13B (Aug 2026) (As of Aug 2026, Value Add Pulse research). Total funding $2.5B+ (As of Aug 12, 2026).
Recent changes
- Aug 12, 2026Aug 12, 2026First reported total funding: $2.5B+ Value Add Pulse enrichment
- Aug 4, 2026Aug 4, 2026Base Power Raises $1B at $13B for Home Batteries Pulse story
- Aug 3, 2026Aug 3, 2026Raised $1B Series D at a $13B valuation TechCrunch
- Aug 3, 2026Aug 3, 2026New investor: Addition TechCrunch
- Aug 3, 2026Aug 3, 2026New investor: Valor Equity Partners TechCrunch
Earlier changes (6)
- Aug 3, 2026Aug 3, 2026New investor: Ribbit Capital TechCrunch
- Aug 3, 2026Aug 3, 2026Base Power Raises $1B More for Grid Batteries Pulse story
- Aug 3, 2026Aug 3, 2026Base Power Raises $1B, Launches Home Battery Pulse story
- Aug 3, 2026Aug 3, 2026Base Power Raises Another $1B for Home Batteries Pulse story
- Aug 2026Aug 2026First reported valuation: $13B (Aug 2026) Value Add Pulse enrichment
- Oct 8, 2025Oct 8, 2025Raised $1B Series C at a $4B valuation Value Add Pulse enrichment
Funding History
2 events · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Aug 3, 2026 | Series D | $1B | $13B | outlined = lead | Pulse story |
| Oct 8, 2025 | Series C | $1B | $4B | Value Add Pulse research |
Investors
Latest Pulse
- Aug 29, 2026Physical AI Is Out-Raising the Model Layer This MonthNamed August rounds for chips, energy and defense hardware -- Castelion, Etched, Groq and Base Power -- total more than $3.2 billion, versus roughly $1.1 billion for consumer and enterprise AI application startups covered on Pulse the same month.→
- Aug 9, 2026Physical AI's Biggest Week Yet: $21 BillionSix 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.→
- Aug 6, 2026The Real AI Bottleneck This Week Was PowerThree 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.→
- Aug 6, 2026This Week's AI Infra Rounds Already Top $3.5BSix 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.→
- Aug 4, 2026Base Power Raises $1B at $13B for Home BatteriesA 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.→
- Aug 3, 2026Base Power Raises $1B, Launches Home BatteryBase 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.→
- Aug 3, 2026Base Power Raises $1B More for Grid BatteriesBase 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.→
- Aug 3, 2026Base Power Raises Another $1B for Home BatteriesBase 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.→
Coverage Timeline
newest first- Aug 29, 2026FUNDINGPhysical AI Is Out-Raising the Model Layer This Month→
- 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
FUNDING
Physical AI Is Out-Raising the Model Layer This Month
Named August rounds for chips, energy and defense hardware -- Castelion, Etched, Groq and Base Power -- total more than $3.2 billion, versus roughly $1.1 billion for consumer and enterprise AI application startups covered on Pulse the same month.
BY THE NUMBERS
AI
Physical AI's Biggest Week Yet: $21 Billion
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.
Value Add Research
Related Companies
Sources & methodologyshow
Where these figures come from
- TechCrunchmajor outlet1 fact
- Value Add Pulse researchValue Add VC data3 facts
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.