FORM ENERGY
Form Energy develops and commercializes a low-cost battery system that can store wind and solar energy for a long duration. It aims to make batteries that can dispatch energy for days, expanding the ability to supply electricity generated from wind and solar power to the grid. The company's technology transforms the electric grid by making renewable energy dispatchable year-round, as well as extending transmission capacity without building new wires, and replacing the need for conventional ther... mal generation. Its core technology was invented at MIT and is supported by investors which include Breakthrough Energy Ventures, MIT’s The Engine, Macquarie Capital, Eni Next, Capricorn Investment Group, and Prelude Ventures. Their team members are active learners who like working on tough technology problems that can only be solved with a combination of scientific innovation and hard work. Co-founders Marco Ferrara, Mateo Jaramillo, Yet-Ming Chiang, William Woodford, and Ted Wiley headquartered the company in Somerville, Massachusetts in 2017.
FORM ENERGY
Industry:
Battery Energy Energy Storage Environmental Engineering Renewable Energy
Founded:
2017-01-01
Address:
Somerville, Massachusetts, United States
Country:
United States
Website Url:
http://www.formenergy.com
Total Employee:
101+
Status:
Active
Email Addresses:
[email protected]
Total Funding:
368.77 M USD
Technology used in webpage:
SPF Domain Not Resolving Amazon IPv6 Google Google Cloud Amazon Route 53 DigiCert SSL Amazon S3 Amazon SSL
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Current Advisors List
Current Employees Featured
Founder
Investors List
Coatue
Coatue investment in Series D - Form Energy
Prelude Ventures
Prelude Ventures investment in Series D - Form Energy
Ayori Selassie
Ayori Selassie investment in Series D - Form Energy
Macquarie Capital
Macquarie Capital investment in Series D - Form Energy
The Engine
The Engine investment in Series D - Form Energy
Breakthrough Energy Ventures
Breakthrough Energy Ventures investment in Series D - Form Energy
Energy Impact Partners
Energy Impact Partners investment in Series D - Form Energy
Cap Table Coalition
Cap Table Coalition investment in Series D - Form Energy
NGP Energy Technology Partners
NGP Energy Technology Partners investment in Series D - Form Energy
Temasek Holdings
Temasek Holdings investment in Series D - Form Energy
Official Site Inspections
http://www.formenergy.com Semrush global rank: 2.26 M Semrush visits lastest month: 8.44 K
- Host name: 131.58.212.35.bc.googleusercontent.com
- IP address: 35.212.58.131
- Location: United States
- Latitude: 38.6583
- Longitude: -77.2481
- Timezone: America/New_York
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Form Energy was founded in 2017 by former head of battery development for Tesla Mateo Jaramillo, MIT professor and battery scientist Yet-Ming Chiang, Ted Wiley, William Woodford and Marco Ferrara. In December 2022, the company announced its first manufacturing plant site: 55 acres in Weirton, West Virginia. The US$760 million project was expected to employ ~750 workers and to begin i…See details»
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Mar 14, 2024 formenergy.com. Organization Type. Private. CEO. Mateo Jaramillo. Social Media. Form Energy is developing a class of ultra-low-cost, long-duration energy storage systems. Its …See details»
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Boston, MA – August 24, 2021 – Form Energy, Inc., a technology company rising to the challenge of climate change by developing a new class of cost-effective, multi-day energy storage …See details»
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Aug 5, 2021 Preparing for Significant Growth in Advance of Commercializing First Energy Storage Product. Boston, MA – August 5, 2021 – Form Energy, Inc. announced today the …See details»
Form Energy | Climatebase
We are developing a new class of cost-effective, multi-day energy storage systems that will enable a reliable and fully-renewable electric grid year-round.See details»
Newsroom - Form Energy
Oct 9, 2024 Read the latest news, insights and press releases on Form Energy.See details»
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The electric grid now faces a challenge: how to manage the multi-day variability of renewable energy without sacrificing reliability or cost. We are developing a multi-day energy storage …See details»
Battery Technology | Form Energy
The active components of our iron-air battery system are some of the safest, cheapest, and most abundant materials on the planet — low-cost iron, water, and air. Iron-air batteries are the best …See details»