Many people ask us how @basepowerco has accomplished so much, so fast.
Working closely with the team since day one has shaped how we think about execution. There’s a quality to how they move we call Base Pace.
We wrote about what it is and how you can bring it to your company.
Come Build the First Beloved Power Company.
The future of power is a battery on every home.
To make that future real, people have to love their power company - the way they love Costco’s samples or H-E-B's tortillas.
That kind of love is earned, not bought. It comes from trust, consistency, and showing up when it matters most. We’re building that trust one home at a time. When the lights stay on through a storm, when the bill comes in low, when support feels like a neighbor and not a call center.
That’s how we’ll win.
Today we are announcing our $1B Series C, but money isn’t the story. The story is what we’ll do with it, and the scale of the challenge ahead.
Our mission isn’t constrained by capital, supply, or demand. It’s constrained by talent. To build America’s next great power company, we need the engineers, operators, and creatives ready to take on the challenge to join us.
Power is the most important product in the world. It runs through everything: our homes, hospitals, schools, factories, and future. And the grid that delivers it is breaking.
At Base, we’re building the future of power so human progress can accelerate. In the past two years, we’ve grown from an idea into one of the fastest growing energy companies in America.
Now we’re entering a new phase of growth. Our first manufacturing site is rising in the heart of Austin, inside the former Austin American-Statesman printing press. Here we’ll build our own hardware to meet surging demand and scale nationwide. This is a key step in putting a battery on every home in the country.
Few teams get to say their work powers human progress. We do. With a billion dollars of fuel, our next wave of growth will be defined not by capital, but by people who choose to step up, take ownership, and build the next great American power company.
The old system is breaking. Come build the new one.
Our Series C was led by Addition, with participation from both new and existing investors including Trust Ventures, Valor Equity Partners, Thrive Capital, Lightspeed, Andreessen Horowitz, Altimeter, StepStone, Elad Gil, 137 Ventures, Terrain, Waybury, Ribbit, CapitalG, Spark, BOND, Lowercarbon, Avenir, Glade Brook, Positive Sum, and 1789.
Today we’re announcing $1B of Series C funding and calling on engineers, operators, and creatives everywhere to join the charge to build the future of American power.
In less than two years, Base has become one of the fastest growing energy companies in the country. We’ve deployed more than 100 MWh of battery capacity, partnered with major homebuilders and utilities, and scaled across Texas. This funding will accelerate the buildout of our first factory in the heart of Austin at the former Austin American-Statesman printing press.
But the biggest challenges still lie ahead, as demand soars and the aging grid struggles to keep up. We’re looking for problem-solvers who want to build technology to accelerate America’s growth.
News: @basepowerco raises $1B and issues a call to JOIN THE CHARGE in building America’s Power Company™.
Terrain partner @vanlancker sat down with CEO @zachbdell in front of Base Factory 1 to discuss hiring, hardware, culture, and what it takes to build a new energy future.
0:00 - Building America's Power Company
0:19 - Intro
1:00 - Base Factory 1 reveal
1:10 - Building in Austin
2:38 - A technology company competing in energy
3:53 - The importance of vertical integration
5:23 - Where Base's joyful culture comes from
7:14 - Why work at Base?
9:51 - Base Pace & the turtle
11:42 - Building a beloved energy brand
12:59 - Infrastructure level ambition
13:42 - Longevity & compounding opportunity
15:03 - The appeal of hard problems
17:14 - Endless energy in subject matter
21:10 - Closing
Burton Rice’s compositions, colors, illustrations, and lettering in these ads from the 1910s (!!!) for Bluebird Photo-Plays are astoundingly good.
These and dozens more are at the highly underappreciated Tenth Letter of the Alphabet blog:
https://t.co/0cjN8ozoyh
My younger brother, Wyitt was diagnosed with bone cancer recently, and won’t be able to work for probably a year while undergoing chemo Plz consider donating to his gofundme https://t.co/5sif2wpT04