On August 3 (local time), Base Power, a household battery enterprise jointly founded by Zac Dell—son of Dell’s founder, Michael Dell—proudly announced the successful closure of its Series D funding round, amassing an impressive $1 billion. This financial milestone propels the company’s valuation to a staggering $13 billion subsequent to the funding. Base Power has also officially unveiled its home energy storage solution, Base Core, with production now underway at Base Factory 1, located in Austin, Texas, USA.