Base Power
Base Power is a Distributed Solar & Storage company founded in 2022 and based in Austin, USA. It has raised $2.3B in total funding, most recently a Series D in 2026.
Base Power was founded in 2022 and is headquartered in Austin, Texas. The company sells homeowners a bundled offering: installation of a large-format battery (manufactured in the U.S. following a Series D round in August 2026), monthly subscription for electricity supply from Base as a licensed retail provider, and ongoing monitoring and management. The battery charges during low-price grid periods and discharges during peak demand, functioning as a distributed virtual power plant. Base operates across Dallas–Fort Worth, Houston, and Austin metro areas with plans for national expansion. The company has raised $2.268 billion across multiple rounds, including a $1 billion Series D announced on August 3, 2026.
Base Power represents a capital-intensive shift in distributed energy storage architecture—deploying battery hardware behind the meter while capturing the retail electricity supply relationship. The $1 billion Series D round signals investor confidence in the subscription model as a path to aggregating residential storage assets for grid services. The company's transition to domestic battery manufacturing and expansion beyond its initial Texas footprint positions it as an infrastructure layer in the grid modernization sector.
basepower.com ↗·Distributed Solar & Storage·USA·private 
