In less than a year, Base Power has grown from a stealthy startup to one of the largest battery fleets in Texas.
Now the company has raised $200 million to fund a rapid expansion, including dozens more megawatt-hours of battery storage and plans for a domestic battery factory.
The Series B round was led by Addition, Andreessen Horowitz, Lightspeed Venture Partners, and Valor Equity Partners. Altimeter, Terrain, Thrive Ventures, and Trust Ventures participated.
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