Form Energy is developing and commercializing ultra-low-cost, long-duration energy storage systems that can be located in any market and scaled to match existing energy generation infrastructure globally. These systems have the capability to reshape the electric system, making renewables fully firm and dispatchable year-round, extending transmission capacity without building new wires, and completely replacing the need for conventional thermal generation.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 08/23/19 | $40,000,000 | Series B |
Breakthrough Energy Ventures Capricorn Investment Group Eni Next  Macquarie Capital Prelude Ventures The Engine | undisclosed |
| 11/16/20 | $70,000,000 | Series C | ||
| 08/24/21 | $240,000,000 | Series D |
ArcelorMittal Breakthrough Energy Ventures Capricorn Investment Group Coatue Management Energy Impact Partners Eni Next NGP Energy Technology Partners Perry Creek Capital Prelude Ventures Temasek The Engine The Rise Fund | undisclosed |
| 10/04/22 | $450,000,000 | Series E |
ArcelorMittal Breakthrough Energy Ventures Canada Pension Plan Investment Board Capricorn Investment Group Coatue Management Energy Impact Partners GIC NGP Energy Technology Partners Prelude Ventures Temasek The Engine TPG VamosVentures | undisclosed |
