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Energy Storage

Form Energy

Form Energy raises $450M Series F at $1.2B valuation

12 Gill Street, Somerville, MA 02143May 16, 20241 min read
Total Raised
$450M
Valuation
$1.2B
Latest Round
Series F
Employees
300+

Form Energy: Series F Funding Round

Form Energy has successfully raised $450M in Series F funding, reaching a valuation of $1.2B.

Company Overview

Long-duration energy storage

Funding Details

The Series F round was led by TPG Rise Climate, with participation from Canada Pension Plan Investment Board, ArcelorMittal, Breakthrough Energy Ventures, Capricorn Investment Group.

Company Information

  • Headquarters: 12 Gill Street, Somerville, MA 02143
  • Founded: 2017
  • Employees: 300+
  • Category: Energy Storage

Investment

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

About the Investors

  • TPG Rise Climate: Verified investor in Series F
  • Canada Pension Plan Investment Board: Verified investor in Series F
  • ArcelorMittal: Verified investor in Series F
  • Breakthrough Energy Ventures: Verified investor in Series F
  • Capricorn Investment Group: Verified investor in Series F

Company Info

Headquarters
12 Gill Street, Somerville, MA 02143
Founded
2017
Team Size
300+
Last Round
$450M(May 2024)

Investors (5)

T
TPG Rise ClimateLead
Lead Investor
Verified investor in Series F
C
Canada Pension Plan Investment Board
Investor
Verified investor in Series F
A
ArcelorMittal
Investor
Verified investor in Series F
B
Breakthrough Energy Ventures
Investor
Verified investor in Series F
C
Capricorn Investment Group
Investor
Verified investor in Series F

Topics

verified(3079)real-funding(3079)form-energyenergy storageseries-f12-gill-street

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