Form Energy
Latest round
- Series G
Last raised
- Jul 2026
Total raised
- $1.8B
Investors
- 29
About Form Energy
Founded in 2017 and based in Somerville, MA, Form Energy, Inc. is developing iron-air battery storage system for renewable energy projects. Co-founded by Mateo Jaramillo, William Woodford (CTO), Ted Wiley, Billy Woodford, Yet-Ming Chiang, and Marco Ferrara, with Mateo Jaramillo being the CEO. Form Energy, Inc. In May 2020, Form Energy, Inc. signed a deal with Minnesota-based utility Great River Energy to jointly build a 1MW / 150MWh trial project in Cambridge, MN. In September 2026, Form Energy, Inc., Société Générale Group, RBC Capital Markets, Jefferies, and JPMorgan Chase. The first commercial product of the firm was a rechargeable iron-air battery capable of storing electricity for 100 hours at system costs comparable to legacy power plants. FormwareTM is the company's next-generation power grid investment and operating paradigm. It can optimize across multi-year, hourly resolution data sets to capture real-world weather variability, leading to more dependable and cost-effective designs for renewable-powered power systems. The company generates revenue through sales and commercial deployment of iron-air battery systems.
Who invested in Form Energy
29 investors across 9 rounds
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Funding rounds
Series G
Jul 31, 2026
Amount
$750M
Investors
Series F
Oct 9, 2024
Amount
$405M
Investors
Series E
Sep 19, 2022
Amount
$335M
Investors
Series D
Jul 21, 2021
Amount
$155M
Investors
Series C
Mar 30, 2021
Amount
$24M
Investors
Series C
Aug 28, 2020
Amount
$52M
Investors
Series B
Aug 7, 2019
Amount
$40M
Investors
Series A
Feb 2, 2018
Amount
$9M
Investors
Seed
Aug 28, 2017
Amount
$2M
Investors
Questions about Form Energy
Who invested in Form Energy?
Form Energy has 29 investors on record across 9 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Form Energy raised?
Form Energy has raised 9 venture rounds. Sign up free to see how much each round raised and the total.
When did Form Energy last raise money?
Form Energy's most recent round on record is a Series G, in Jul 2026.
What does Form Energy do?
Founded in 2017 and based in Somerville, MA, Form Energy, Inc.
Where is Form Energy headquartered?
Form Energy is headquartered in Weirton, US.
Which VCs invest in companies like Form Energy?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at Form Energy's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Series G
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