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Fortune
Fortune
Business
Jordan Blum

Michael Dell’s son built a $13B home battery business—and he’s going on 30 years old

Zach Dell is the co-founder and CEO of Base Power. (Credit: Courtesy of Base Power)

Zach Dell’s goal is to install a Base Power home battery system in every backyard in America—and in Europe and beyond for that matter—so it’s fair to say there’s a lot of room for growth.

The son of legendary Dell Technologies founder Michael Dell, Zach has already made a name for himself in his own right. Just weeks before turning 30 later this month, his company Base, which Dell cofounded in 2023, has raised another $1 billion in a Series D funding round. The new round revealed that Base’s valuation has spiked to $13 billion from $4 billion in less than a year.

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