Business
Exclusive | Zach Dell Is Raising Money to Put a Battery in Your Backyard
AUSTIN, Texas—Steps away from an old printing press, a fleet of industrial robots and dozens of workers assemble the building blocks of what a highflying startup hopes will be America’s next big power company.
Base Power is racing to build and install tens of thousands of batteries in residential backyards and become one of the country’s largest developers of battery storage. The three-year-old company just locked down a $1 billion funding round that brings its valuation to $13 billion. The company has raised more than $2.5 billion in all.
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