Loading companies…
Climate tech
Long-duration iron-air batteries designed to store electricity for multi-day grid needs.
Form Energy develops cost-effective, multi-day energy storage systems using iron-air battery technology. The systems are designed to store electricity for extended periods, helping grids balance supply and demand as energy sources change. Its $750 million Series G will scale iron-air battery manufacturing and accelerate commercial deployments; the financing brings total equity raised above $2 billion.
| Announced | Round | Amount | Investors |
|---|---|---|---|
| Series G | $750M | T. Rowe Price Investment Management — LeadBlindspot Ventures — ParticipantBreakthrough Energy Ventures — ParticipantCoatue — ParticipantEnergy Impact Partners — ParticipantEngine Ventures — ParticipantFranklin Venture Partners — ParticipantGigascale Capital — ParticipantJanus Henderson Investors — ParticipantPEAK6 — ParticipantPrelude Ventures — ParticipantSequoia Capital — Participant |