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Breakthrough Energy Ventures and Prelude Ventures led a $44m funding round in Terabase Energy.

Synopsis

Breakthrough Energy Ventures, an investment company, and Prelude Ventures, a venture capital firm, led a $44m funding round in Terabase Energy, a platform which enables rapid deployment of solar plants at more competitive costs, with participation from SJF Ventures. "Terabase's software and automation platform allows for developers and EPCs to effectively design and manage their projects from the point of land acquisition to rapid and high-quality construction through automation. This is an essential solution for solar to get to Gigawatt-scale projects around the world," Tim Woodward, Prelude Ventures Managing Director.

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