Softbank Vision Fund Leads $130 Million in Terabase Energy

<p><strong>BERKELEY<&sol;strong> &&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;terabase&period;energy&amp&semi;esheet&equals;54223369&amp&semi;newsitemid&equals;20250313729226&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Terabase&plus;Energy&amp&semi;index&equals;1&amp&semi;md5&equals;0d7d0609be9ab4156010af1bf4c7b2ee" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Terabase Energy<&sol;a>&comma; a provider of digital and automation solutions for utility-scale solar power&comma; announced the closing of its &dollar;130 million Series C financing round&period; Led by <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fvisionfund&period;com&percnt;2F&amp&semi;esheet&equals;54223369&amp&semi;newsitemid&equals;20250313729226&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;SoftBank&plus;Vision&plus;Fund&plus;2&amp&semi;index&equals;2&amp&semi;md5&equals;9a60ef15ffd473138dcad5533639c90d" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">SoftBank Vision Fund 2<&sol;a>&comma; with participation from both existing and new strategic investors&comma; this round brings the company&&num;8217&semi;s total funding to over &dollar;200 million&period;<&sol;p>&NewLine;<p>The new funding will support Terabase&&num;8217&semi;s efforts to transform the renewable energy landscape by accelerating the deployment of its technologies for large solar projects&period; These solutions reduce costs and construction timelines for solar power plants&comma; an urgent need as power demand grows&period;<&sol;p>&NewLine;<p>&&num;8220&semi;SoftBank Vision Fund&&num;8217&semi;s investment reflects our shared commitment to leveraging advanced technology to drive the future of renewable energy&comma;&&num;8221&semi; said Matt Campbell&comma; CEO of Terabase&period; &&num;8220&semi;This funding validates our mission and provides the resources to scale our platform&comma; paving the way for the terawatt era of solar&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Terabase&&num;8217&semi;s platform combines robotics&comma; AI&comma; and a comprehensive digital ecosystem&period; The funding will in large part support the manufacturing scale-up of its robotics-assisted assembly line&comma; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;terabase&period;energy&percnt;2Fproducts-services&percnt;2Fconstruction&percnt;2Fterafab&amp&semi;esheet&equals;54223369&amp&semi;newsitemid&equals;20250313729226&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Terafab&amp&semi;index&equals;3&amp&semi;md5&equals;8da0342a2d0e27c5bf8b45ddd9de1131" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Terafab<&sol;a>™&period; Having already demonstrated its effectiveness by installing an industry leading 40 megawatts across multiple commercial projects in the U&period;S&period;&comma; the next-generation Terafab is set to deploy hundreds of megawatts of solar through 2026&period; The system doubles installation productivity while enhancing build quality and eliminating manual lifting of heavy components&comma; significantly improving workplace safety&period;<&sol;p>&NewLine;<p>&&num;8220&semi;The surge in energy demand&comma; particularly from AI data centers&comma; underscores the urgency of scalable&comma; sustainable solutions&comma;&&num;8221&semi; said Kentaro Matsui&comma; Managing Partner at SoftBank Global Advisers&period; &&num;8220&semi;Terabase&&num;8217&semi;s innovative approach to digitalizing and automating solar power plant deployment positions it as a leader in this transition&period; We&&num;8217&semi;re pleased to support this vision as Terabase redefines how the world builds renewable energy infrastructure&period;&&num;8221&semi;<&sol;p>&NewLine;<p>This investment comes at a time when the recent breakthroughs in battery storage economics have enabled solar power plants to deliver cost-competitive electricity 24&sol;7&period; With the onshoring of manufacturing and surge in data center deployments driving energy demand&comma; utility-scale solar represents the fastest and most cost competitive form of new generation to power the economy&period;<&sol;p>&NewLine;<p>Since its inception&comma; Terabase has empowered project developers and engineering&comma; procurement&comma; and construction &lpar;EPC&rpar; firms to overcome cost and deployment barriers through solutions like the <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;terabase&period;energy&percnt;2Fproducts-services&percnt;2Fconstruction&percnt;2Fterafab&amp&semi;esheet&equals;54223369&amp&semi;newsitemid&equals;20250313729226&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Terafab&amp&semi;index&equals;4&amp&semi;md5&equals;a0a5debaf37bd6bcdb1aac61f8ac6e80" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Terafab<&sol;a> automated construction system&comma; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;plantpredict&period;com&amp&semi;esheet&equals;54223369&amp&semi;newsitemid&equals;20250313729226&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;PlantPredict&amp&semi;index&equals;5&amp&semi;md5&equals;a82b4acb1838f2694bb131d0b83ac4a6" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">PlantPredict<&sol;a> solar modeling software&comma; and the <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;terabase&period;energy&percnt;2Fproducts-services&percnt;2Fconstruction&percnt;2Fconstruct&amp&semi;esheet&equals;54223369&amp&semi;newsitemid&equals;20250313729226&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Construct&amp&semi;index&equals;6&amp&semi;md5&equals;b99277010c8bcce9d3b19ffb4a0441f6" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Construct<&sol;a> construction management platform that has supported more than 12 gigawatts of projects to date&period; This Series C funding will enable Terabase to rapidly deploy its proven technologies at scale&comma; transforming how utility-scale solar projects are built and operated&period;<&sol;p>&NewLine;

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