Energy Storage

Form Energy

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

$450M
Total Raised
Series F
Latest Round
2017
Founded
300+
Employees
12 Gill Street, Somerville, MA 02143
1 min read

Quick Facts

Valuation
$1.2B
Latest Round Size
$450M
Latest Round Date
May 2024

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

Key Investors

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

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources