Texas-based energy startup Base Power has announced USD 1 billion Series D financing at a USD 13 billion post-money valuation, alongside the launch of Base Core: a home battery designed from the ground up to support the grid, now in production at Base Factory 1 in Austin. “We brought together the best hardware and software engineers in the world to build Core — a battery designed to protect American homes while supporting the grid,” said Zach Dell, CEO and co-founder of Base Power. “Base’s Factory 1 is now producing thousands of systems a month, while our deployment team enables the safe, efficient installation of them on homes throughout Texas and beyond,” said Justin Lopas, COO & Co-Founder, Base Power. “Since our initial investment, the Base team has executed on an ambitious plan to become America’s Power Company,” said Antonio Gracias, Founder, CEO and CIO of Valor Equity Partners. This new capital will go toward bringing Base Core to more homes, expanding nationally and hiring talent.