Company

Base Power

Home battery and virtual power plant (VPP) company co-founded by Zach Dell (CEO, son of Michael Dell) and Justin Lopas (COO) in 2023.

Track Base Power

Founded: 2023
HQ: Austin, Texas, USA
Status: private

The verified answer

As of Aug 2026, DEPLOY verifies Base Power: 1 model. 2 sources back the record.

Models

Overview

Home battery and virtual power plant (VPP) company co-founded by Zach Dell (CEO, son of Michael Dell) and Justin Lopas (COO) in 2023. Raised $2.5B total including $1B Series C (Oct 2025) and $1B Series D (Aug 2026) at $13B valuation. Installing 8 MWh/day of home batteries across Texas and Chicago. 100 MW VPP deal with CoServ. Leases batteries for $19/month.

Verified record

Verified deployments: None on file
Active incidents: None on file

Valuation of record

Company-claimed

$13B (reported, approximate)as of Aug 2026

Priced roundSeries D post-money

See the full valuations ranking →

Key facts

Total fundingsee investors →

$2.5B

Valuationsee valuations ranking →

$13B (Aug 2026)

Install rate

8 MWh/day

VPP deal

100 MW with CoServ

Lease price

$19/month

Batteries installed

23,000+ across Texas and Chicago

Homes deployed

30,000+

MWh deployed

500+ MWh

VPP capacity

200+ MW across 3 utility programs

Factory

Factory 1, Austin TX

Expansion

Texas + Illinois

Data & sources

News coverage

Web sources

2 sources backing this record.View all →

Models (1)

View all models →

Current platform

Base Power Home Battery

Residential home battery system from Base Power. Part of a virtual power plant network. Leased at $19/month.

otherView model →

Base Power on the deployment map

View the global map

Base Power has no verified deployments on the DEPLOY registry yet. Explore the deployment map by place and type.

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The global deployment map →

No verified deployments for Base Power on the DEPLOY record yet. Track Base Power to know the moment the first one is verified.

Relationships

CCoServCustomerEEl Paso ElectricCustomerAAustin EnergyCustomerAAdditionInvestor CCapitalGInvestor RRibbit CapitalInvestor TThrive CapitalInvestor

Current leadership (2)

Zach Dell CEO & Co-founder, Co-foundersecondary-verified
Justin Lopas Co-founder, COOsecondary-verified

Safety record

No incidents on record for Base Power.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Recent coverage

Base Power in third-party press

Home battery startup Base Power raises $2B

Aug 18, 2026

Base Power raises B to roll out its giant new home battery

Aug 3, 2026

Zach Dell Is Raising Money to Put a Battery in Your Backyard

Aug 3, 2026

Partnerships (3)

Base Power x CoServ VPP with CoServdeployment
Base Power x El Paso Electric VPP with El Paso Electricdeployment
Base Power x Austin Energy VPP with Austin Energydeployment

Funding rounds (3)

Funding by round

Base Power’s 3 disclosed rounds, $4.0B in total, oldest to newest.

Series C2025-10$1.0B

Strategic2026-08$2.0B

Series D2026-08$1.0B

Series D2026-08-03
$1.0B(reported) · $13.0B post
Investors: Addition, CapitalG, Ribbit Capital, Thrive Capital
Strategic2026-08-01
$2.0B(reported)
Series C2025-10-08
$1.0B(reported) · $13.0B post
Investors: Addition, CapitalG

See the full valuations ranking →

Recent activity

Every change to this record is dated, sourced, and independently verified where marked.

Record createdAug 19, 2026
Added to the verified registry
Deployment recordedJun 1, 2025
Base Power Home Battery at Illinois, USA
Deployment recordedJan 1, 2024
Base Power Home Battery at Texas, USA

Full change history →

Sources (2)

Common questions

What is Base Power?

What does Base Power make?

Base Power has 1 robot model on the DEPLOY registry: Base Power Home Battery (Base Power builds physical robots).

Is Base Power publicly traded?

No. Base Power is privately held and not publicly traded, per the DEPLOY registry.

Who is the CEO of Base Power?

Zach Dell is the ceo of Base Power, per the DEPLOY registry.

How can I invest in Base Power?

Base Power is a private company; its shares are not available on public markets, so retail investors cannot buy the stock today.

Where is Base Power headquartered?

Base Power is headquartered in Austin, Texas, USA.

Who owns Base Power?

Base Power is privately held; ownership sits with its founders and private investors.

Where does Base Power operate robots?

Base Power is a robot manufacturer and does not directly operate deployments on the DEPLOY registry. Its products are deployed by customer operators; see the company page for the verified deployment record.

Is Base Power safe?

Base Power has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.

Methodology: Verified · 2 sources (no primary) · last reviewed 2026-08-19

Verification posture

Verified

Medium confidence

Review state

Stable

Last reviewed 2026-08-19

Sources by quality tier

1: unclassified; Unclassified source
1: secondary-established-publication; Established publication

The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.