Last deal

$147M

Amount

Grant

Stage

06.08.2024

Date

12

all rounds

$1.1B

Total amount

General

About Company
Form Energy develops a low-cost battery system that enables renewable energy to be dispatched year-round, transforming the electric grid.

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Also Known As

Form, Baseload Renewables

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

The company's technology allows for the storage of wind and solar energy for multi-day durations, reducing the need for conventional thermal generation and extending transmission capacity without building new wires. With support from investors such as Breakthrough Energy Ventures and Prelude Ventures, Form Energy is committed to building a diverse workforce reflective of the communities it serves.
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