Energy

Base Power

Base Power raises $1B Series C at $3B valuation

$1B
Total Raised
Series C
Latest Round
2021
Founded
200+
Employees
Austin, TX
1 min read

Quick Facts

Valuation
$3B
Latest Round Size
$1B
Latest Round Date
October 2025

Base Power: Series C Funding Round

Base Power has successfully raised $1B in Series C funding, reaching a valuation of $3B.

Company Overview

Residential battery leasing and grid-stabilizing home energy storage network

Funding Details

The Series C round was led by Riverstone Holdings, with participation from TPG Rise.

Company Information

  • Headquarters: Austin, TX
  • Founded: 2021
  • Employees: 200+
  • Category: Energy

Investment

Base Power plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Riverstone Holdings: Verified investor in Series C
  • TPG Rise: Verified investor in Series C

Key Investors

Riverstone Holdings
Lead Investor
Verified investor in Series C
TPG Rise
Investor
Verified investor in Series C

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources