Form Energy
Energy Storage For a Better World
Somerville, United States · Founded 2017 · $855.0M raised
- Headquarters
- Somerville, Massachusetts
- Employees
- 501–1000
- Founded
- 2017
- Business Model
- B2B
- Website
- formenergy.com
- Total Funding
- $855.0M
- Last Round
- $405.0M Series FOct 2024
- Rounds
- 4
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 $855.0M in total across 4 rounds, most recently a $405.0M Series F round in Oct 2024. Investors include TPG (Growth/Rise), T. Rowe Price and Breakthrough Energy Ventures.
Tech & App Stack
4 technologies & apps tracked
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Funding History
Oct 2024
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Investors
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