Executive Summary
- •The Austin company unveiled the 39.2-kWh Core battery, which stores about three times the capacity of a typical home unit and provides up to 36 hours of backup.
- •Base built a model where homeowners avoid buying the hardware outright and instead sign up for a membership plan, allowing the company to operate the networked units as a virtual power plant.
- •The latest funding round valued the company at $13B post-investment, pushing its total raised capital to more than $2.5B.
Community Sentiment
Key Developments & Data
Base Power secures $1B Series D funding to roll out its massive home battery.
The Austin company unveiled the 39.2-kWh Core battery, which stores about three times the capacity of a typical home unit and provides up to 36 hours of backup.
Base built a model where homeowners avoid buying the hardware outright and instead sign up for a membership plan, allowing the company to operate the networked units as a virtual power plant.
The latest funding round valued the company at $13B post-investment, pushing its total raised capital to more than $2.5B.
"We brought together the best hardware and software engineers in the world to build Core – a battery designed to protect American homes while supporting the grid." — Zach Dell
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