# Zach Dell’s Base Power hits $13 billion, expands battery network

2026-08-07T15:47:24+00:00 | World & Diplomacy | Indian Opinion Desk

Corroboration: 1 independent outlet

Zach Dell, son of Dell Technologies founder Michael Dell, has raised $1 billion in Series D funding for his home battery startup Base Power, valuing it at $13 billion. The company has installed over 23,000 batteries across Texas and Illinois, serving more than 30,000 customers. Base Power charges a low upfront fee (up to $695) and a monthly membership of $19, owning and operating the batteries to sell power back to the grid during peak demand. The three-year-old company now does 100 installations daily and plans to double that by year-end. It has also opened its first battery factory in Austin, with a larger one due by 2027. Base Power aims to enter more US states and eventually markets like the UK, Germany, and Australia. The funding round was co-led by Ribbit Capital, Addition, Valor Equity Partners, and JPMorgan Chase's Strategic Investment Group.

## Coverage

- timesofindia.indiatimes.com <https://timesofindia.indiatimes.com/technology/tech-news/michael-dells-son-zach-dell-aims-to-install-a-base-power-home-battery-system-in-every-backyard-in-america-and-follows-what-is-called-costco-model/articleshow/133032931.cms>
- timesofindia.indiatimes.com <https://timesofindia.indiatimes.com/world/us/michael-dells-son-zach-co-founded-base-power-in-2023-it-is-now-valued-at-13-billion-and-has-installed-more-than-23000-home-batteries/articleshow/133030574.cms>

Tags: Base Power, energy storage, home batteries, Series D funding, US expansion, Zach Dell
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