On March 13, 2025, Terabase Energy, a leader in digital and automation solutions for utility-scale solar power, announced the closing of its $130 million Series C financing. The round was led by SoftBank Vision Fund 2, with participation from both existing and new strategic investors, raising the company's total funding to over $200 million. Wilson Sonsini Goodrich & Rosati advised Terabase on the transaction.

Terabase aims to transform the renewable energy landscape by accelerating the deployment of its technologies for large solar projects. Their solutions reduce costs and construction timelines for solar power plants, an urgent need as power demand grows. Funding from the round will primarily support the scale-up of Terabase's robotics-assisted assembly line, Terafab™, which has already installed 40 megawatts in the U.S. and aims to deploy hundreds of megawatts by 2026.

The Wilson Sonsini team that advised Terabase on the transaction includes:

Corporate
Bob O'Connor
Mike Pestana
Benjamin Armuth
Michelle Mealer
Ethan Miller

Energy and Climate Solutions
Peter Mostow

National Security
Joshua Gruenspecht
Anne Seymour
Nimit Dhir

Regulatory
Kimberley Biagioli

Technology Transactions
Manja Sachet

For more information, please see Terabase's news release. Additional coverage can be found on Reuters and the Financial Times.