Terabase Energy, a digital and automation solutions provider for utility-scale solar, has closed a $130 million Series C financing round led by SoftBank Vision Fund 2, bringing its total funding to over $200 million.
A significant portion of the investment will go toward scaling Terafab™, Terabase’s robotics-assisted solar assembly line that doubles installation productivity, eliminates manual lifting of heavy components, and improves worksite safety.
The system has already demonstrated its capabilities by installing an industry-leading 40 megawatts across multiple commercial projects in the U.S., with the next-generation Terafab slated to deploy hundreds of megawatts through 2026.
The raise comes as surging energy demand — driven by data center expansion, AI infrastructure growth, and the onshoring of domestic manufacturing — is accelerating the need for faster, more cost-efficient solar deployment.
“SoftBank Vision Fund’s investment reflects our shared commitment to leveraging advanced technology to drive the future of renewable energy,” said Matt Campbell, CEO of Terabase, in a statement. “This funding validates our mission and provides the resources to scale our platform, paving the way for the terawatt era of solar.”
Terabase’s platform combines robotics, AI, and a comprehensive digital ecosystem that includes PlantPredict solar modeling software and its Construct construction management platform, which has supported more than 12 gigawatts of projects to date.
Kentaro Matsui, Managing Partner at SoftBank Global Advisers, added, “Terabase’s innovative approach to digitalizing and automating solar power plant deployment positions it as a leader in this transition. We’re pleased to support this vision as Terabase redefines how the world builds renewable energy infrastructure.”
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