Breakthrough Energy Ventures, a climate-focused VC firm linked to some of Earth’s wealthiest individuals, has joined a $44 million bet on solar startup Terabase Energy.
Terabase aims to rapidly build new solar farms “at the terawatt scale,” CEO Matt Campbell said in a statement. The startup claims its automated, on-site factory can already speed up plant construction and cut costs by employing robotic arms that lift and connect heavy solar panels to sun trackers. When asked for photos of the insides of its factory, Campbell pointed TechCrunch to previously published aerial pics and declined to share more, “for competitive reasons.”