# Base Power raises $1 billion Series D at $13 billion valuation for home batteries

_Tuesday, August 4, 2026 at 8:06 AM EDT · Capital, Infrastructure · Latest · Tier 1 — Major_

![Base Power raises $1 billion Series D at $13 billion valuation for home batteries — Primary](https://ventureburn.com/wp-content/uploads/2026/08/Dominion-Dynamics-Raises-139M-CAD-34.jpeg)

Base Power said it raised $1 billion in a Series D funding round at a $13B valuation to mass-produce Base Core, a home battery the company positions for outage backup and selling capacity back to utilities.

VentureBurn reported Base has 500+ MWh deployed and 200+ MW in utility deals, framing residential batteries as a fast way to add power as AI data centers and EVs raise electricity demand.

The funding is tied to a product launch of Base Core as Base seeks to put batteries in U.S. homes. The write-up notes that new gas plants take years while utilities face rising load.

## Sources

- [VentureBurn](https://ventureburn.com/base-power-1b-series-d-base-core-battery/)

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Retrieved: 2026-08-04T19:29:27.197Z
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