Tech Company Financing Transactions
Terabase Energy Funding Round
Fifth Wall Ventures, EDP Ventures and Prelude Ventures invested in a $25 million funding round for Terabase Energy. This venture round was announced by the company on 7/19/2023.
Transaction Overview
Company Name
Announced On
7/19/2023
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to support the commercial scale-up of its recently launched Terafab� construction automation system.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
2222 Harold Way
Berkeley, CA 94704
USA
Berkeley, CA 94704
USA
Phone
Website
Email Address
Overview
The existential threat of climate change requires a transformation of the energy sector on the fastest possible timescale. Our mission at Terabase is to develop the digital platform to accelerate the day when Terawatts of baseload renewable energy becomes a reality. Our proprietary tools, engineering and development capabilities will enable the deployment of these revolutionary energy projects.
Management Team
Title
Name
Email & Social
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