Terabase Energy announced a $44 million Series B financing co-led by Breakthrough Energy Ventures and Prelude Ventures with additional investments by SJF Ventures and others, bringing the company’s total funding to $52 million. Based in Berkeley, Calif., the company was founded in 2018 by SunPower alums. Matt Campbell, a founder and CEO, took part in pv magazine’s 2021 roundtable, where he introduced the company’s approach.
Terabase said its digital platform for managing the construction of a solar power plant from start to finish can transform the way solar plants are built. The automated factory can be set up at the site of the solar plant and can run 24/7 with its robotics-assisted workflow. Three months ago, the company announced the first commercial deployment in which robots installed 10 MW in a 400 MW project in central Texas.