United States · Series D startup

Who invested in Base Power

3 rounds we have observed, with the 21 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

CleantechConstructionEnergy

Raised 3 months agoValuation: $4.0B, Mar 2026

Funding summaryUpdated 5 Nov 2026

$2.2Braised across 3 rounds since 2025, from 7 sources

$200MSeries B$1.0BSeries C$1.0BSeries D
Latest round
Series D, $1.0BAug 2026
Led by
Valor Equity Partners and Ribbit Capitaland 2 more
Investors
21 (6 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026
$200MSeries B$1.0BSeries C$1.0BSeries D
First round
Series B, $200M
Apr 2025
Biggest round
$1.0B
Series D · Aug 2026
Usual gap between rounds
9 months
the median of 2

The rounds

  1. Aug 2026
  2. Oct 2025
  3. Apr 2025

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

AdditionPrivate equity3rounds, led 3
Valor Equity PartnersVC firm3rounds, led 2
Andreessen HorowitzVC firm3rounds, led 1
Lightspeed Venture PartnersVC firm3rounds, led 1
Trust VenturesVC firm3rounds
Ribbit CapitalVC firm2rounds, led 1
Thrive CapitalAccelerator2rounds
AltimeterVC firm2rounds
CapitalGCorporate VC2rounds
CoatueVC firm1round
Thrive CapitalFamily office1round
BondGrowth equity1round
Lowercarbon CapitalVC firm1round
Elad GilVC firm1round
SparkGrowth equity1round
D1 Capital PartnersHedge fund1round
Sands Capital ManagementGrowth equity1round
Layer GlobalVC firm1round
TerrainVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 8 firms list Base Power as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

FJ LabsVC firmPer its own site
AvenirVC firmPer its own site
Glade Brook Capital PartnersVC firmPer its own site
Positive SumPrivate equityPer its own site
Jackson MosesAngelPer its own site
Partners ResoluteVC firmPer its own site
Solari CapitalVC firmPer its own site
Standish Spring InvestmentsVC firmPer its own site

Quick answers about Base Power

Who invested in Base Power?

Base Power's investors include Addition, Valor Equity Partners, Andreessen Horowitz, Lightspeed Venture Partners and Trust Ventures, and 16 more on record. Valor Equity Partners led its latest round.

How much has Base Power raised?

Base Power has raised $2.2B across 3 rounds since 2025.

When did Base Power last raise?

Base Power's most recent round was a Series D of $1.0B in Aug 2026, led by Valor Equity Partners.

What was Base Power's biggest round?

Its most recent round, $1.0B in Aug 2026, is also its largest on record.

Who backed Base Power first?

Base Power's first round on record, in Apr 2025, was backed by Andreessen Horowitz, Lightspeed Venture Partners and Valor Equity Partners and 5 others.

What stage is Base Power at?

Base Power's latest named round is a Series D, in Aug 2026.

Where is Base Power based?

Base Power is based in the United States.

Who led Base Power's rounds?

Andreessen Horowitz led the Series B in 2025; Addition led the Series C in 2025; Valor Equity Partners led the Series D in 2026.

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