What is Terabase Energy?
Founded in 2019 and headquartered in Berkeley, CA, Terabase Energy is a pivotal player in the solar digital solutions industry. The company's core mission is to drive down costs and accelerate the deployment of large-scale solar projects by leveraging digital technologies. Terabase Energy's innovative approach focuses on digitizing the entire solar power plant lifecycle, from planning and design to construction and operation, thereby enhancing efficiency and reducing project timelines. This strategic focus positions the company as a key enabler for the global transition towards renewable energy infrastructure.
How much funding has Terabase Energy raised?
Terabase Energy has raised a total of $199M across 3 funding rounds:
Series B
$44M
Other Financing Round
$25M
Series C
$130M
Series B (2022): $44M with participation from SJF Ventures, Prelude Ventures, and Breakthrough Energy Ventures
Other Financing Round (2023): $25M led by EDP Ventures and Fifth Wall
Series C (2025): $130M supported by Softbank Vision Fund, Prelude Ventures, Breakthrough Energy Ventures, Fifth Wall, EDP Ventures, and SJF Ventures
Key Investors in Terabase Energy
Softbank Vision Fund
SoftBank Vision Fund is a global investment fund that supports founders in building market-leading companies through its extensive ecosystem and capital resources, focusing on the transformative power of technology, particularly in the AI sector.
Prelude Ventures
Prelude Ventures is an investment firm that focuses on supporting early-stage startups with significant potential to mitigate climate change, prioritizing sectors like energy, built environment, and mobility.
Breakthrough Energy Ventures
Breakthrough Energy Ventures (BEV) invests in cutting-edge companies that will lead the world to net-zero emissions, supporting entrepreneurs building companies to significantly reduce emissions across various sectors.
What's next for Terabase Energy?
With its substantial enterprise-level backing, Terabase Energy is poised for significant expansion and technological advancement. The recent strategic investment signals strong investor confidence in the company's vision and its capacity to disrupt the solar energy market. This capital will likely be deployed to further develop its digital platform, enhance its market reach, and forge new partnerships within the renewable energy ecosystem. The company's continued focus on cost reduction and deployment acceleration suggests a strategic push towards becoming a dominant force in utility-scale solar project development and management.
See full Terabase Energy company page
