Form Energy

Energy Storage For a Better World

Somerville, United States · Founded 2017 · $2.6B raised

Employees
501–1000
Founded
2017
Business Model
B2B
Total Funding
$2.6B
Last Round
$750.0M Series G+Aug 2026
Rounds
8

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Form Energy develops iron-air battery systems capable of storing and discharging electricity for up to 100 hours, enabling multi-day grid-scale energy storage from low-cost, abundant materials. Founded in 2017 and manufacturing at Form Factory 1 in Weirton, West Virginia, the company has secured major contracts including a 300 MW system with Xcel Energy to power a Google data center in Minnesota.

Summary

Form Energy is a Climate Tech company based in Somerville, United States, founded in 2017. It has raised $2.6B in total across 8 rounds, most recently a $750.0M Series G+ round in Aug 2026. Investors include TPG (Growth/Rise), Google and T. Rowe Price.

Tech & App Stack

4 technologies & apps tracked

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Funding History

Series G+Series GAug 2026
$750.0M

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Funding: Seed through Series G+. Amounts, valuations, and investors where available.

Investors

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