Base Power’s $200M Funding Fuels Texas’s Energy Innovation Boom
Austin’s Base Power secures major capital to revolutionize the power grid with distributed storage.
ENERGY ⚡️FEATURED
Austin, TX — Base Power, an Austin-based energy innovator, announced a $200M Series B funding round on April 8, 2025, to transform the power grid with affordable, reliable electricity. The company aims to build a distributed energy network, stabilizing the grid while serving homeowners across Texas.
The Details:
Big Backers: The round was led by Addition, a16z, Lightspeed, and Valor, with Thrive, Altimeter, Trust Ventures, and Terrain joining in.
Rapid Growth: Since launching in 2024, Base Power has deployed 10MWh of storage last month, expanding to 70+ Texas municipalities with 1,500+ members.
Texas Factory: A new factory in Texas will boost production, ensuring cost efficiency and resilience as demand grows.
Energy Context: Texas deals with power outages, with prices nearly doubling since 2017, making Base Power’s solution critical for grid stability.
Why It Matters:
Base Power’s expansion strengthens Texas’s role as an energy innovation hub, addressing rising demand from AI and electrification.
Bottom Line:
Base Power is electrifying Texas’s future, one battery at a time.