Form Energy

Summary active Updated Aug 31, 2026

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Location Somerville, Massachusetts
Founded 2017
Latest Stage Series G
Total Raised $2B+

Investors

Sequoia Capital series-g (2026)
Energy Impact Partners series-g (2026)
Coatue Management series-g (2026)

Founders

Mateo Jaramillo CEO & Co-Founder

About

Form Energy is a Somerville, Massachusetts–based energy storage company developing iron-air batteries designed to store electricity for up to 100 hours, targeting long-duration grid applications 12. The company operates a battery factory in Weirton, West Virginia and was founded in 2017 23.

Disclaimer: This is a lean profile built from initial round coverage and may be expanded as more information becomes available.

Funding History

Date Round Amount Lead Co-investors
2026-08-12 Series G $750M T. Rowe Price Sequoia Capital, Janus Henderson, Franklin Templeton, PEAK6 Investments, Prelude Ventures, Engine Ventures, TPG Rise Climate, Capricorn Investment Group, Breakthrough Energy Ventures, Coatue, Energy Impact Partners, NGP, GE Vernova 1234

The Series G brings Form Energy’s total equity raised to over $2 billion 13. T. Rowe Price also led the prior Series F 1.

What Investors Say

No independently sourced investor quotes available at this time.

What Founders Say

No independently sourced founder testimonials found in initial round coverage.

Sources


  1. Form Energy press release, “Form Energy Secures $750M in Series G Financing to Scale Iron-Air Battery Manufacturing and Accelerate Commercial Deployments,” August 12, 2026, accessed August 2026. https://formenergy.com/form-energy-secures-750m-in-series-g-financing/

  2. TechCrunch, “Form Energy raises $750M to build more 100-hour batteries for the grid,” August 12, 2026, accessed August 2026. https://techcrunch.com/2026/08/12/form-energy-raises-750m-to-build-more-100-hour-batteries-for-the-grid/

  3. The Boston Globe, “Somerville’s Form Energy lands $750m investment, in part to expand its West Virginia battery factory,” August 12, 2026, accessed August 2026. https://www.bostonglobe.com/2026/08/business/form-energy-vc-funding-750-million/

  4. Energy Monitor, “Form Energy raises $750m to expand iron-air battery production,” August 2026, accessed August 2026. https://www.energymonitor.ai/news/form-energy-iron-air-battery-production/