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Base Power, a three-year-old home-battery startup, is in talks to raise funds at a $12 billion valuation, according to a person with knowledge of the discussions.
Ribbit Capital, which backed Base Power’s last funding round, has been in talks to lead the current round, according to two people with knowledge of the talks. Founded by Venezuelan entrepreneur Micky Malka, Ribbit is a prominent venture firm known for its fintech bets on startups like Robinhood and Coinbase.
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