Terabase Energy Secures $130 Million Series C Funding, Led by SoftBank Vision Fund
Solar technology company Terabase Energy announced on Thursday that it has secured a $130 million investment. The funding round was led by SoftBank, a prominent investor in technology companies.
This Series C funding brings Terabase Energy’s total funding to $200 million.
Terabase works with solar power plant developers, engineers, and construction firms, providing a platform for workflow digitalization and automation. The company plans to use the funding to further develop its robotics-assisted assembly line, Terafab. According to the company, Terafab helps remove “bottlenecks in construction speed and workforce limitations.”
Terabase also operates PlantPredict, a solar modeling software, and a construction management platform called Construct.
“The surge in energy demand, particularly from AI data centers, underscores the urgency of scalable, sustainable solutions,” said Kentaro Matsui of SoftBank Global Advisers. SoftBank previously invested in Terabase through its Vision Fund 2.
Other existing investors in Terabase include Breakthrough Energy Ventures, Fifth Wall, SJF Ventures, and EDP Ventures.
In the U.S., solar and energy storage accounted for 84% of the new electricity generation capacity added last year. However, the sector faces challenges due to new U.S. energy policies that favor fossil fuels. Venture funding in the U.S. during early 2025 has been noteworthy, with a few artificial intelligence-integrated companies attracting attention.
© Reuters – 2025
