The verified answer
As of Oct 2026, DEPLOY verifies Base Power: 1 model, 2 deployments across 2 regions, $4.0B raised. 2 sources back the record.
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
- 2 deployments on file
- Active incidents
- None on file
Valuation of record
Company-claimedPriced roundSeries D post-money
Key facts
Total fundingsee investors →
Install rate
VPP deal
Lease price
Batteries installed
Homes deployed
MWh deployed
VPP capacity
Factory
Expansion
Data & sources
News coverage
1
Web sources
1
2 sources backing this record.View all →
Models (1)
View all models →Partnerships
Every company Base Power has built with, alongside the ones only announced in a press release.
Most-frequent partners
- 1Austin Energy1× joint
- 2CoServ1× joint
- 3El Paso Electric1× joint
Most recent
- Base Power x CoServ VPP2025-06-01with CoServoperating
- Base Power x El Paso Electric VPP2025-06-01with El Paso Electricoperating
- Base Power x Austin Energy VPP2025-06-01with Austin Energyoperating
Base Power on the deployment map
View the global map2 verified deployments across 2 regions, newest verified Jun 2025. Explore where Base Power's robots are operating, by place and type.
View the full Base Power deployment record →
Relationships
Current leadership (2)
- Zach Dell CEO & Co-founder, Co-foundersecondary-verified
- Justin Lopas Co-founder, COOsecondary-verified
Founders (2)
- Justin Lopascofounderno longer at company
- Zach Dellcofounderno longer at company
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 →
Operator customers (1)
- Base Power2 deployments
Recent coverage
Base Power in third-party press
Peer companies
- Google21 models
- Roborock20 models
- ST Telemedia Global Data Centres11 models
- Unitree Robotics10 models
- Teraco Data Environments8 models
- AirTrunk7 models
Financial state
- Total funding
- $4.0B
- Reporting basis
- aggregator_estimate
- Lifecycle stage
- early
- Counterparty risk class
- unknown
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Partnerships
3 total · 3 operating
Every company Base Power has built with, alongside the ones only announced in a press release.
Most recent
- Base Power x CoServ VPP2025-06-01with CoServoperating
- Base Power x El Paso Electric VPP2025-06-01with El Paso Electricoperating
- Base Power x Austin Energy VPP2025-06-01with Austin Energyoperating
Most-frequent partners
- 1Austin Energy1× joint
- 2CoServ1× joint
- 3El Paso Electric1× joint
All 3 partnerships
open in the atlas →- Base Power x CoServ VPPwithCoServdeployment2025-06-01operating
- Base Power x El Paso Electric VPPwithEl Paso Electricdeployment2025-06-01operating
- Base Power x Austin Energy VPPwithAustin Energydeployment2025-06-01operating
Funding rounds (3)
Base Power’s 3 disclosed rounds, $4.0B in total, oldest to newest.
- Series D2026-08-03
$1.0B(reported) · $13.0B post
Investors: Addition, CapitalG, Ribbit Capital, Thrive Capital
- Strategic2026-08-01
$2.0B(reported) · $16.0B post
- Series C2025-10-08
$1.0B(reported) · $13.0B post
Timeline
Every recorded move in Base Power’s history, most recent first: funding rounds, partnerships, acquisitions, supply-chain starts, key hires, and press.
Funding roundSeries D funding round
2026-08-03Series D raising $1000000000
Funding roundStrategic funding round
2026-08-01Strategic raising $2000000000
Funding roundSeries C funding round
2025-10-08Series C raising $1000000000
PartnershipBase Power x CoServ VPP
2025-06-01Base Power and CoServ (North Texas electricity cooperative) launched a 100 MW virtual power plant program. Base networked home batteries supply power to the grid when demand spikes.
PartnershipBase Power x El Paso Electric VPP
2025-06-01Base Power and El Paso Electric launched a utility program using Base networked home batteries as a virtual power plant.
PartnershipBase Power x Austin Energy VPP
2025-06-01Base Power and Austin Energy launched a utility program using Base networked home batteries as a virtual power plant.
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 verifiedVerifiedJun 1, 2025
Base Power Home Battery at Illinois, USA
- Deployment verifiedVerifiedJan 1, 2024
Base Power Home Battery at Texas, USA
Sources (2)
Common questions
What is Base Power?
What does Base Power make?
Is Base Power publicly traded?
Who competes with Base Power?
Who is the CEO of Base Power?
How can I invest in Base Power?
Where is Base Power headquartered?
How much funding has Base Power raised?
Who owns Base Power?
Where does Base Power operate robots?
How many robots has Base Power deployed?
Is Base Power a top robotics company?
Is Base Power safe?
Methodology: Verified · 2 sources (no primary) · last reviewed 2026-08-21
Verification posture
Verified
Medium confidence
Review state
Stable
Last reviewed 2026-08-21
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.
Methodology surface for Base Power.Peer companies
- Google21 models
- Roborock20 models
- ST Telemedia Global Data Centres11 models
- Unitree Robotics10 models
- Teraco Data Environments8 models
- AirTrunk7 models
In the press
Recent coverage mentioning Base Power from third-party publications. Automatically surfaced; not part of the verified registry record.
The August 2026 US Venture Capital Funding Report
$18.1B. 333 deals. August was supposed to be the slow month. Instead, the US venture market delivered one of the most capital-intensive Augusts on record — a 123% year-over-year…
The August 2026 US Venture Capital Funding Report
$18.1B. 333 deals. August was supposed to be the slow month. Instead, the US venture market delivered one of the most capital-intensive Augusts on record — a 123% year-over-year…
U.S. Army selects BWXT’s 20-megawatt nuclear reactor for Fort Campbell, moving Janus program toward on-base power deployment
The U.S. Army has selected BWX Technologies to deploy a 20-megawatt electric advanced nuclear reactor at Fort Campbell, Kentucky.
Home batteries are suddenly cheap and everywhere. Here’s why.
Companies including Tesla and Base Power are vying for a piece of the rapidly growing market for home batteries. One technology has made it all possible.
Home battery startup Base Power raises $2B
Base Power raises $2B for home battery VPP. 8 MWh/day install rate, 100 MW VPP deal with CoServ, $19/month lease.
Tesla’s new home energy offering comes with an affordability pitch
The company’s new approach to residential storage in Texas brings its strategy closer to that of newcomer Base Power. The post Tesla’s new home energy offering comes with an…
Base Power raises B to roll out its giant new home battery
Base Power unveils Core, a 39.2 kWh home battery. 500+ MWh deployed, 30K+ homes across TX and IL. Utility programs with El Paso Electric, Austin Energy, CoServ totaling 200+ MW.…
Zach Dell Is Raising Money to Put a Battery in Your Backyard
Base Power co-founded by Zach Dell (son of Michael Dell) and Justin Lopas. $1B Series D at $13B valuation. 23,000+ batteries installed across Texas and Chicago.
Texas Startup Base Power Announces $1B Raise After Expanding to DFW
Base Power raises $1B Series C to scale distributed energy model and build battery factory in Austin. Co-founded by Zach Dell and Justin Lopas.
Machine-readable surfaces
- Markdown mirror: /companies/base-power.md
- RSS feed: /companies/base-power/feed.xml
- JSON-LD: embedded in this page’s head
- REST API: /v1/companies/eb6a8ecd-043b-438e-898e-03927c602450
- Revision history: /companies/base-power/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
Peer companies
- Google21 models
- Roborock20 models
- ST Telemedia Global Data Centres11 models
- Unitree Robotics10 models
- Teraco Data Environments8 models
- AirTrunk7 models
Video
Heat Index
Category contender81/100
A composite of competitive footprint, funding, press velocity, active partnerships, and supply-chain edges. Different from the Intelligence score below (which is per-form-factor productization). Non-robotics companies cap at 25.
Reality vs attention
Base Power draws attention at the 93rd percentile but verifies reality at the 59th percentile among other robots. Hype Gap +33.4, 74th widest among other robots.
6-month trend
Analysis
Well-capitalized with $4.0B raised and recent funding activity. Clean safety record across 2 verified deployments. Deployment footprint remains limited relative to category peers.
Signal flags
Dimension breakdown
Verified signal
Attention (reach, not merit)
DEPLOY Intelligence scores are computed from verified registry data: confirmed deployments, disclosed funding rounds, regulatory filings, active job listings, video viewership, and press coverage. Confidence ratings reflect data availability. Scores update nightly.
DEPLOY Indices — verified vs claimed
Last computed: Oct 4, 2026