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Terabase Energy Raises $44 Million Series B To Digitalize And Automate The Deployment Of Utility-Scale Solar Power Plants

PRIVATEAug 02, 2022

Amount Raised

$44 Million

Round Type

Series B

BerkeleyManufacturingEnergyRenewable EnergySolar

Description

Terabase Energy today announced a $44 million Series B financing co-led by Breakthrough Energy Ventures and Prelude Ventures with additional participation by SJF Ventures and other existing investors. The round brings Terabase's total funding to $52 million and will be used to support the company's mission to reduce the cost and increase the scalability of solar by building a digital and robotic automation platform for the development, construction, and operation of utility-scale PV power plants.

Quick answer

Terabase Energy raised $44 Million in a Series B round, dated August 2, 2022. Terabase Energy is based in Berkeley, California, United States.

How much did Terabase Energy raise?
Terabase Energy raised $44 Million in a Series B round on August 2, 2022.
What does Terabase Energy do?
Terabase Energy is a solar technology company whose mission is to reduce the cost and increase the scalability of solar by building an interconnected digital and automation platform for the development, construction,..
Where is Terabase Energy based and how big is it?
Terabase Energy is based in Berkeley, California, United States. Fundz records about 145 employees.
Who are the decision-makers at Terabase Energy?
Fundz holds 1 contact at Terabase Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Terabase Energy that raised within 45 days of this round, from Fundz verified event records.

  • Aptera Motors raised $709K (Seed) on August 25, 2022.
  • Ascent Solar Technologies raised $5M on August 19, 2022.
  • Terra-Gen raised an undisclosed amount (Funding Round) on September 16, 2022.
  • Greenbacker raised $186M (Debt Financing) on September 15, 2022.
  • Renova Energy raised an undisclosed amount (Funding Round) on September 15, 2022.
  • RE Royalties Ltd raised $1.9M (Seed) on September 15, 2022.

Who to call at Terabase Energy, and when

A new round usually means Terabase Energy is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Terabase Energy

Location

Berkeley, California, United States

About

Terabase Energy is a solar technology company whose mission is to reduce the cost and increase the scalability of solar by building an interconnected digital and automation platform for the development, construction, and operations of utility-scale PV power plants.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Terabase Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.