Form Energy
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Form Energy

https://formenergy.com/
Last activity: 01.02.2025
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Categories: BatteryEnergyTechGreenTechITLabManufacturingStorageStoreTechnologyTime
Form Energy is developing a new class of cost-effective, multi-day energy storage systems that will enable a reliable, resilient, and fully renewable electric grid year-round. Our pioneering battery technology will entirely reshape the global electric system and give it new form. Learn more about Form Energy at www.formenergy.com. We believe that to achieve climate justice, we need everyone at the table. We strive to build a company with a workforce reflective of the communities we aim to serve with our technology – a company where every employee feels a sense of belonging. We commit significant resources towards equity, inclusion, and diversity and hold ourselves accountable to continuous improvement. We are always looking for talented, hardworking individuals to join our team! If you’re interested, please visit www.formenergy.com/careers.
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Website visits
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Mentions
46
Employees: 201-500
Total raised: $1.41B
Founded date: 2017

Investors 12

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Funding Rounds 6

DateSeriesAmountInvestors
11.10.2024Series F$405M-
25.10.2022Series E$450M-
24.08.2021Series D$240M-
22.07.2021Series D$200M-
16.11.2020Series C$76M-
03.09.2019Series B$40M-

Mentions in press and media 46

DateTitleDescription
17.12.2024Trinity Capital Providing $50 Million In Equipment Financing To Form EnergyTrinity Capital – a leading provider of diversified financial solutions to growth-oriented companies – announced the commitment of $50 million in equipment financing to Form Energy, which is an American technology company developing and com...
14.10.2024Form Energy Secures $405 Million to Revolutionize Energy StorageIn a world increasingly reliant on renewable energy, the need for effective storage solutions has never been more pressing. Form Energy, a Massachusetts-based company, has emerged as a key player in this arena. Recently, it secured a stagge...
14.10.2024Form Energy привлекла $405 млн для своих многодневных железо-воздушных батарейКомпания Form Energy, занимающаяся производством и технологиями хранения энергии, которая разрабатывает аккумулятор, способный хранить электроэнергию в течение 100 часов, объявила о привлечении $405 млн в рамках раунда финансирования серии ...
11.10.2024Form Energy Raises $405M in Series F FinancingFrom Energy, Weirton, WV-based technology company developing and commercializing a new class of multi-day energy storage systems, raised $405M in Series F funding. The round was led by T. Rowe Price with participation from GE Vernova, along...
21.08.2023Multi-day energy storage increases grid capacity by factor of tenBoston-based startup Form Energy recently announced it has been awarded a $12 million grant from the New York State Energy Research and Development Authority (NYSERDA) to deploy a 10 MW/1000 MWh pilot battery project in New York by 2026. Th...
18.08.2023For climate tech startups, the IRA is starting to pay offThe Inflation Reduction Act, signed into law by President Joe Biden in August 2022, has allocated $400 billion in federal dollars for clean energy projects as the United States aims for up to a 40% reduction in economy-wide greenhouse gas e...
12.06.2023Form Energy to deploy 100-hour iron-air battery system in GeorgiaForm Energy, a Somerville, Massachusetts-based grid-scale energy storage developer, announced a definitive agreement with Georgia Power, a Southern Company utility, to deploy a 15 MW / 1.5 GWh iron-air battery into the utility’s Georgia gri...
25.10.2022Chicago-based startup Form energy raises USD 450 million in series E fundingCHICAGO, October 21, 2022 – TPG’s global impact investing platform, TPG Rise, has led a USD 450 million Series E fundraising round for Form Energy. In addition to current investors ArcelorMittal, Breakthrough Energy Ventures (BEV), and Ener...
12.10.2022Funding and M&A Roundup: Battery Systems Provider Form Energy Raises $450 Million-
06.10.2022Form Energy’s iron-air battery on pace for 2024 launch with $450M Series EForm Energy closed a $450 million Series E fundraising round yesterday to continue its work turning iron into rust. The round was led by TPG Rise Climate and joined by new investors GIC and Canada Pension Plan Investment Board. Existing inv...
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