Addition led a $1bn Series C funding round in Base Power.

Addition, a venture capital firm, led a $1bn Series C funding round in Base Power, an energy technology company, with participation from Trust Ventures, Valor Equity Partners, Thrive Capital, Lightspeed, Andreessen Horowitz, Altimeter, StepStone, Elad Gil, 137 Ventures, Terrain, Waybury, Ribbit, CapitalG, Spark, BOND, Lowercarbon, Avenir, Glade Brook, Positive Sum, and 1789. “The chance to reinvent our power system comes once in a generation. The challenge ahead requires the best engineers and operators to solve it and we’re scaling the team to make our abundant energy future a reality,” Zach Dell, Base Power CEO and co-founder.