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Company

Form Energy

Rocket Ship RatingBased on the data VC Catalog holds.

Rocket Ship Rating: 99 out of 100

Together we're transforming the electric grid

Also known as FORM ENERGY, INC.

  • Clean energy & storage
  • Climate positive
  • Hardware
Status
Operatingas of 2026-09-17
Business model
B2B
Founded
2017
Employees
over 1,000 peopleSource (opens in a new tab)
Customers
leading utilities and developers
Legal name
FORM ENERGY, INC.
Claim, correct or request removal

Record updated 8 October 2026

About

Form Energy was founded by energy storage veterans who came together in 2017 with a unified mission to reshape the global electric system by creating a new class of low-cost, multi-day energy storage systems.

Funding snapshot

Total raised
$2.6BSum of rounds, as of 2026-10-08Source (opens in a new tab)
Latest round
Series D+, $750M2026-08-12

Funding rounds

Series D+
$750M2026-08-12, Company stated
Series D+
$405M2024-10-09, Company stated
Round, 2022
$335M2022-09-19, SEC form D sold, 18 investors
Series D+
$450M2022, Company stated
Round, 2021
$155M2021-07-21, SEC form D sold, 17 investors
Series D+
$240M2021, Company stated
Round, 2020
$76M2020-08-28, SEC form D sold, 19 investors
Series C
$76M2020, Company stated
Round, 2019
$40M2019-08-07, SEC form D sold, 9 investors
Series B
$40M2019, Company stated
Round, 2018
$7.4M2018-02-06, SEC form D sold, 12 investors
Series A
$9M2018, Company stated
Round, 2017
$2M2017-08-28, SEC form D sold, 1 investor

Products

Web
Formware™
Hardware
iron-air battery
Web
iron-air battery
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