Base raises $1B for Base Core launch.
The Series D, led by Ribbit Capital and others, will fund national expansion and hiring. Base Core is a 39.2 kWh home battery designed for rapid deployment.
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Residential energy provider with whole-home battery backup
basepowercompany.comLast updated
In short: Base raised $1 billion in Series D funding at a $13 billion valuation and launched its first US-made home battery, the Base Core.
The Series D, led by Ribbit Capital and others, will fund national expansion and hiring. Base Core is a 39.2 kWh home battery designed for rapid deployment.
The company previously helped 20,000 Texas homeowners save on bills and provides backup power solutions in Chicagoland amid rising rates.
The expansion covers GVEC's full service territory in South Central Texas, building on a successful pilot.
The plan offers low fixed rates below market average to Texans who can choose providers, powered by battery fleet revenue. Renters and homeowners qualify.
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