New Energy

Power-Storage Startup Wins Support of Andreessen, Lightspeed

Power transmission lines near Austin, Texas.

Photographer: Jordan Vonderhaar/Bloomberg
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Household-battery startup Base Power Inc. raised $200 million in Series B funding as the Texas-based firm gears up to expand on a national scale.

Participants in the latest fundraising round include Lee Fixel’s Addition LP, Andreessen Horowitz and Lightspeed Venture Partners, Base Co-Founder Zach Dell said in an interview.