Form Energy
Multi-day iron-air batteries for the grid.
About Form Energy
Long-duration storage breakthrough — 100 hours of discharge at 1/10th the cost of lithium-ion. Building the first US factory.
Pitch deck breakdown
How Form Energy would pitch themselves.
Target customer
The grid — the core audience Form Energy's product is built around.
Problem they solve
Long-duration storage breakthrough — 100 hours of discharge at 1/10th the cost of lithium-ion. Building the first US factory. The category has historically been served by tools that miss the modern workflow this product is built around.
Key differentiator
Form Energy differentiates on multi-day iron-air batteries for the grid. Backed by Breakthrough Energy Ventures + TPG Rise Climate, $1.1B+ raised — the company has resources + validation to compound this thesis. Founded by Mateo Jaramillo + team.
Go-to-market strategy
Late-stage scale — global enterprise sales force, channel + reseller partnerships, vertical-specific go-to-market motions. Focus on land-and-expand within existing accounts + international expansion.
Company facts
- Category
- Other
- Funding stage
- Series F
- Total raised
- $1.1B+
- Founded
- 2017
- Team size
- 501-1000
- HQ
- Somerville
- Country
- United States
- Website
- formenergy.com
Founders of Form Energy
- Mateo Jaramillo
- Yet-Ming Chiang
Investors backing Form Energy
- Breakthrough Energy Ventures
- TPG Rise Climate
Frequently asked questions
What does Form Energy do?
Long-duration storage breakthrough — 100 hours of discharge at 1/10th the cost of lithium-ion. Building the first US factory.
Where is Form Energy based?
Form Energy is based in Somerville, United States.
When was Form Energy founded?
Form Energy was founded in 2017.
How much has Form Energy raised?
Form Energy has raised $1.1B+ in their Series F round.
Who founded Form Energy?
Form Energy was founded by Mateo Jaramillo, Yet-Ming Chiang.
Who has invested in Form Energy?
Form Energy is backed by Breakthrough Energy Ventures, TPG Rise Climate.