Austin-based startup Base Power, which offers battery-supported energy in the Houston area and other regions, has raised $1 billion in series C funding—making it one of the largest venture capital deals this year in the U.S. VC firm Addition led the $1 billion round. All of Base Power’s existing major investors also participated, including Trust Ventures, Valor Equity Partners, Thrive Capital, Lightspeed Venture Partners, Andreessen Horowitz (a16z), Altimeter, StepStone Group, 137 Venture...| InnovationMap
The two-year-old power company has deployed more than 100 MWh of residential battery capacity across Texas, pooling thousands of installs in homes into a grid resource. It will now expand the model nationally in the US.| pv magazine USA
