Keep pulling the thread on Zach.
Base previously raised a $200 million Series B funding round led by Addition.
Base has raised a $1 billion Series C funding round led by Addition.
The availability and cost of energy have become a significant bottleneck for the development of AI and superintelligence.
Base is adding customers at a rate of approximately 30% month-over-month.
Base is generating millions of dollars in monthly revenue.
Solar power combined with battery storage will become the lowest marginal cost method for adding new electricity generation capacity to the grid.
Base's Head of Hardware, Dino, previously led Powerwall engineering at Tesla for 13 years, where his team designed the Powerwall 3.
Base's primary operational goals are to become the world's fastest deployer of battery storage and to achieve the world's lowest landed cost for its products.
Deploying 100 megawatts of traditional battery storage on the grid currently takes between two to five years, depending on the state, due to interconnection queues and permitting.
Base projects it will be deploying approximately 100 megawatts of battery capacity per month by this time next year.
Base is developing a new product called "Speed to Power" designed to deploy 100-200 megawatts of distributed batteries within one to two quarters.
Base predicts it will be deploying gigawatts of battery capacity on an annual basis in the "very near future."