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Energy

Form Energy

Form Energy raises $405M Series F at $2.5B valuation

Somerville, MADecember 15, 20241 min read
Total Raised
$405M
Valuation
$2.5B
Latest Round
Series F
Employees
300+

Form Energy: Series F Funding Round

Form Energy has successfully raised $405M in Series F funding, reaching a valuation of $2.5B.

Company Overview

Iron-air battery technology for grid storage

Funding Details

The Series F round was led by Bill Gates, with participation from TPG Rise Climate, ArcelorMittal.

Company Information

  • Headquarters: Somerville, MA
  • Founded: 2017
  • Employees: 300+
  • Category: Energy

Investment

Form Energy plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Bill Gates: Verified investor in Series F
  • TPG Rise Climate: Verified investor in Series F
  • ArcelorMittal: Verified investor in Series F

Company Info

Headquarters
Somerville, MA
Founded
2017
Team Size
300+
Last Round
$405M(Dec 2024)

Investors (3)

B
Bill GatesLead
Lead Investor
Verified investor in Series F
T
TPG Rise Climate
Investor
Verified investor in Series F
A
ArcelorMittal
Investor
Verified investor in Series F

Topics

verified(3079)real-funding(3079)form-energyenergyseries-fsomerville

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