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VC-funded Company:

Form Energy
444 Somerville Ave.
Somerville, MA 02143
Phone: 844-367-6462
https://www.formenergy.com

Form Energy is developing and commercializing ultra-low-cost, long-duration energy storage systems that can be located in any market and scaled to match existing energy generation infrastructure globally. These systems have the capability to reshape the electric system, making renewables fully firm and dispatchable year-round, extending transmission capacity without building new wires, and completely replacing the need for conventional thermal generation.

Key Contact
Name
Mateo Jaramillo
Title
CEO & Co-Founder
Funding Events

Date
Amount
Type
Investors
Valuation
08/23/19 $40,000,000 Series B Breakthrough Energy Ventures
Capricorn Investment Group
Eni Next
Macquarie Capital
Prelude Ventures
The Engine
undisclosed
11/16/20 $70,000,000 Series C
08/24/21 $240,000,000 Series D ArcelorMittal
Breakthrough Energy Ventures
Capricorn Investment Group
Coatue Management
Energy Impact Partners
Eni Next
NGP Energy Technology Partners
Perry Creek Capital
Prelude Ventures
Temasek
The Engine
The Rise Fund
undisclosed
10/04/22 $450,000,000 Series E ArcelorMittal
Breakthrough Energy Ventures
Canada Pension Plan Investment Board
Capricorn Investment Group
Coatue Management
Energy Impact Partners
GIC
NGP Energy Technology Partners
Prelude Ventures
Temasek
The Engine
TPG
VamosVentures
undisclosed