← Deal Flow

Form Energy

EnergySeries D+

Long-duration energy storage to power a clean energy future

🌐 www.formenergy.comLinkedInX / Twitter📍 MAEst. 2017👥 201-500 employees
0Rounds
9Articles
General InformationForm Energy is a Boston, MA-based energy storage company founded in 2017 with 200-500 employees that specializes in iron-air battery technology for long-duration grid storage.
Funding & FinancialsForm Energy has raised over $700 million across multiple rounds including a Series D funding round, backed by major investors including Breakthrough Energy Ventures, Khosla Ventures, and others.
Leadership & TeamCEO Mateo Jaramillo leads the company; he previously worked at Tesla Energy on battery storage products and brings significant expertise in energy storage systems.
Recent ActivityForm Energy announced commercial deployment agreements and continues advancing its iron-air battery technology toward utility-scale demonstrations, with a focus on manufacturing scale-up and grid integration partnerships.

Highlights

Total Raised
Latest Round
Stage
Series D+
energy
Employees
201-500
Founded 2017
Headquarters
MA
News Coverage
9 articles
Last: 13d ago
Talent Signals
SEC Filings

News Coverage 9

Energy13d ago

Alsym and Juniper deploy 500 MWh sodium-ion storage in California

Alsym Energy and Juniper Energy announced a 500 MWh sodium-ion battery storage partnership targeting California's high-temperature grid markets, signaling a shift away from lithium-ion in niche BESS applications.

Energy19d ago

Cerberus backs zinc batteries with $250M, insurance wrap to challenge lithium

Eos Energy and Cerberus launch Frontier Power USA with $250M committed capital and first-of-its-kind technology insurance framework, signaling institutional shift toward non-lithium long-duration storage.

Energy22d ago

India's largest battery storage contract signals utility-scale BESS inflection

NTPC awards $120M, 250 MW battery storage contract to SPML Infra, marking India's shift from renewable-first to grid-stabilization infrastructure.

Energy1mo ago

SunZia's 3.5 GW Bet: Western Hemisphere's Largest Wind Project Hits a Court Gate

Pattern Energy's 3.5-gigawatt SunZia Wind project in New Mexico—largest onshore wind farm in the Western Hemisphere—is construction-complete and set for 2026 commercial operations, but a live federal court motion in Arizona could block the paired 550-mile transmission line before grid delivery begins.

Energy1mo ago

EIA Projects Record 86 GW Grid Capacity in 2026, Battery Storage Surges

The U.S. Energy Information Administration projects 86 GW of new electric generating capacity in 2026—the largest buildout year on record—with utility-scale battery storage jumping 60% to 24 GW, driven by data center demand and DOE capital reshaping grid economics.

Energy2mo ago

Form Energy Secures 12 GWh Iron-Air Deal With Crusoe for AI Data Centers

Form Energy and Crusoe announced a 12 GWh iron-air battery agreement on March 24, 2026, establishing a direct-to-data-center supply model that bypasses traditional utility offtake structures.

Energy2mo ago

DOE Closes $26.5B Southern Company Loan, Largest in Agency History

The DOE closed a $26.5 billion loan to Georgia Power and Alabama Power — the largest in agency history — to fund 16+ GW of mixed capacity across 200+ projects as data center load surges.

Energy2mo ago

Michigan PSC Approves Consumers Energy Grid Reliability Plan for 2 Million Customers

Michigan's PSC approved Consumers Energy's 2026 Reliability Action Plan on March 27, directing $0.75 of every customer dollar to grid hardening for nearly 2 million homes and businesses — a signal that distribution-level infrastructure is now the regulatory priority as U.S. load growth accelerates.

Energy2mo ago

Form Energy's 30 GWh Iron-Air Battery Resets Long-Duration Storage

Minnesota's PUC tariff vote, expected by mid-May 2026, is the regulatory gate for the Xcel-Google-Form Energy 300 MW / 30 GWh iron-air battery — the largest announced storage project by energy capacity in history.

Similar Companies 6