# Terabase Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/terabase-energy

- Industry: Software
- Headquarters: Berkeley, US
- Website: www.terabase.energy
- Total disclosed funding: $228M
- Latest round: Series C (Dec 13, 2024)
- Investors on record: 7

## About

Terabase Energy, Inc. is a California-based company specializing in the development and operational management of utility-scale solar power plants, leveraging advanced automation and software solutions for efficient project execution.Founded in 2019 in Berkeley, California, Terabase Energy focuses on the operational management and construction of utility-scale solar power plants. The company was established by Amine Sounni, Matt Campbell, and Pierre Gousseland, with Matt Campbell serving as CEO. Terabase Energy has engaged in five deals, with its most recent funding round occurring on December 13, 2024, raising USD 175.93 mn in Series C funding led by SB Investment Advisers, bringing the total amount raised to USD 175.93 mn and a current valuation of USD 359.78 mn.Terabase Energy specializes in developing, constructing, and managing utility-scale solar power plants. Their flagship product, Terafab, is an automated, robotics-assisted digital factory designed to optimize solar plant construction. They also offer software solutions like PlantPredict for solar energy modeling and Construct for construction management and quality control, serving clients in North America, Europe, and parts of Asia.Terabase Energy's revenue model is centered on providing advanced technology and services to utility-scale solar project developers. They engage in B2B transactions, offering proprietary software solutions and subscription-based access to tools like Construct and SCADA & Plant Controls. Additionally, revenue is generated through direct sales of the Terafab system, establishing long-term partnerships with utility companies and energy developers.In December 2024, Terabase Energy raised USD 175.93 mn in Series C funding to accelerate the deployment of its technologies for large solar projects. The funds will support the introduction of new products and the expansion into untapped markets, with specific regions targeted for growth still to be determined. This strategic funding aims to enhance their existing offerings and support their clients in executing solar projects more efficiently.

## Funding rounds

- Series C, Dec 13, 2024, $176M — SB Investment Advisers
- Series B, Jun 17, 2022, $44M — SJF Ventures, Prelude Ventures, Breakthrough Energy Ventures
- Series A, Jul 24, 2020, $7.9M — SJF Ventures, City Light Capital, Powerhouse Ventures, Trancoso Capital
- Seed, Apr 1, 2020 — City Light Capital

## Investors

- City Light Capital (https://capitalatlas.ai/funds/city-light-capital) — Seed, Series A
- SJF Ventures (https://capitalatlas.ai/funds/sjf-ventures) — Series A, Series B
- Powerhouse Ventures — Series A
- Trancoso Capital — Series A
- Prelude Ventures — Series B
- Breakthrough Energy Ventures (https://capitalatlas.ai/funds/breakthrough-energy-ventures) — Series B
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series C