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249 Home Battery Startup Base Power Plots $4 Billion Valuation

The Information
Anissa Gardizy @ The Information · 08/13/2025 21:07 EDT

Home Battery Startup Base Power Plots $4 Billion Valuation

Venture investors are discussing ploughing as much as $1 billion into Texas-based energy startup Base Power at a $4 billion valuation, or about four times its valuation in April, according to a person with knowledge of the investment talks.

The startup, co-founded in 2023 by Zach Dell, a former Thrive Capital investor and son of PC mogul Michael Dell, generates revenue by managing a fleet of home backup batteries and selling their excess power back to the grid. The company’s revenue has jumped in recent mo

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