ZA
Zach Dell
Co Founder and CEO
Current
Co-Founder and CEO of Base Power. Previously worked as an investor at Blackstone and Thrive Capital focused on energy and industrial technology.
BA
Base Power Company Profile
activeAustin-based home battery and energy company providing whole-home backup power and grid services.
Founded 2023Austin, TexasEnergy Storage
Disclosed funding
$1B
Funding rounds
1
Recorded investors
5
Active jobs
0
Latest round
series d
Latest round amount
$1B
Latest valuation
$13B
Founders
2
About Base Power
Base Power designs, manufactures, and installs residential battery systems (Base Core) that provide whole-home backup power and generate revenue by supporting grid stability for utility partners. The company manufactures its batteries at its own Factory 1 in Austin, Texas, and serves homeowners in Texas and Illinois as a licensed retail electricity provider.
- Legal name
- Base Power Company
- Also known as
- Base
- Founded
- Not available
- Company type
- private
- Company status
- active
- Industries
- Energy Storage
- Locations
- Austin, Texas (headquarters)
- Contact email
- Not available
- YC company
- No
- Latest funding date
- Aug 3, 2026
- Latest valuation date
- Aug 3, 2026
- Last verified
- Sep 11, 2026
Founders and leadership
JU
Justin Lopas
Co Founder and COO
Current
Co-Founder and COO of Base Power. Mechanical engineer by training; previously worked in manufacturing at SpaceX and led manufacturing at Anduril Industries.
Funding history
| Date | Round | Amount | Investors | Pre-money | Post-money | Status |
|---|---|---|---|---|---|---|
| Aug 3, 2026 | series d | $1B | JPMorganChase Strategic Investment Group (lead), Valor Equity Partners (lead), Andreessen Horowitz, Ribbit Capital (lead), Addition (lead) | Not disclosed | $13B | completed |
Recorded investors
JP
JPMorganChase Strategic Investment Group
corporate
JPMorganChase's principal investment arm, investing through its Security and Resiliency Initiative.
Lead investorNot disclosed
VA
Valor Equity Partners
other
Growth-stage investment firm focused on industrial technology and manufacturing.
Lead investorNot disclosed
AN
Andreessen Horowitz
vc
Venture capital firm investing across technology sectors, known as a16z.
ParticipantNot disclosed
RI
Ribbit Capital
vc
Venture capital firm focused on fintech and financial infrastructure.
Lead investorNot disclosed
AD
Addition
vc
Venture capital firm founded by Lee Fixel.
Lead investorNot disclosed
Valuation history
post money valuation
Aug 3, 2026 · verified
$13B
Acquisitions
No verified acquisition records are available.
Active jobs
No verified active openings are available.
Sources and verification
Base Power company press release · Accessed Sep 11, 2026
Verifies: announcedDate, amountUsd, postMoneyValuationUsd
Frequently asked questions about Base Power
What does Base Power do?
Austin-based home battery and energy company providing whole-home backup power and grid services.
When was Base Power founded?
Base Power was founded in 2023.
Who founded Base Power?
Base Power was founded by Zach Dell and Justin Lopas.
Is Base Power a Y Combinator company?
No. Base Power is not recorded as a Y Combinator company in this database.