Terabase Energy Secures $130 Million in SoftBank-Led Funding to Advance Large-Scale Solar Technology Deployment

March 13, 2025: Terabase Energy, a solar technology company, has secured $130 million in funding led by SoftBank to scale its technology deployment for large solar projects. This funding round, the largest in the company's history, brings Terabase Energy's total funding to $200 million. Terabase Energy will use the funding to further develop its robotics-assisted assembly line, Terafab, which aims to remove bottlenecks in construction speed and workforce limitations. The company also operates PlantPredict, a solar modeling software, and Construct, a construction management platform. Despite 84% of new electricity generation capacity added to the U.S. power grid last year coming from solar and energy storage, the sector faces challenges due to U.S. government policies favoring fossil fuels. The company's investors include Breakthrough Energy Ventures, Fifth Wall, SJF Ventures, and EDP Ventures.