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Form Energy · Somerville, US

Form Energy

$3.5B$405M roundSeries F

Fundamentalsi

Latest valuation$3.5B
Credibility rating5/5
Revenue / run rateNot disclosed
StageSeries F
Latest roundSeries F · $405M
Total funding$1.2B
Team sizeTeam size not disclosed
LocationSomerville, US
IndustryHardware
Source records1

Ownership data

Cap table not disclosed

Form Energy does not include shareholding history in the normalized startup source files.

Financial performance

All Financials
Source snapshot
REVENUE (USD)Not disclosed Not disclosed
FUNDING (USD)$1.2B Series F · $405M
Insufficient history

Historical revenue and profit series are not present in the source files for this private company.

REVENUE GROWTHVALUE

1Y (TTM)Not disclosed

3Y CAGRNot disclosed

PROFIT GROWTHVALUE

1Y (TTM)Not disclosed

3Y CAGRNot disclosed

About

Developing low-cost, multi-day energy storage using rechargeable iron-air batteries capable of delivering electricity for 100 hours at less than 1/10th the cost of lithium-ion. The batteries work by reversibly rusting and de-rusting iron using water and air. Manufacturing at Form Factory 1 in Weirton, West Virginia (550,000 sq ft). Signed $1B deal with Google for 300MW/30GWh system powering its Minnesota data center. Planning IPO in 2027.

This profile is normalized from the startup source files. Exact historical financials are shown only when present in the dataset.

CEO/MDMateo Jaramillo CompanyFounded inNot disclosedStatusStartup profile
Source metrics Explore dashboard

Sources

FundBat public company profilecompany, website, country, location, industry, founders, funding, valuation, employee_range

Angel Investors and Venture Capital (1)

InvestorTypeSignal
Founder / employee ownershipBootstrappedNot disclosed in source records

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