Form Energy: Funding, Investors & Team (Oct 2026)
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 thermal 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 has raised $1.5B across 4 funding rounds on record, the most recent a Series G of $750M announced in Aug 2026.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Form Energy Company Profile and Key Stats
Latest funding round on record: Aug 2026.
Form Energy Funding Rounds
Form Energy raised $76.0M in an undisclosed round announced in Nov 2020.
9 months later, a Series D of $240M was announced in Aug 2021.
1.2 years later, a Series E of $450M was announced in Oct 2022.
3.8 years later, a Series G of $750M was announced in Aug 2026.
Form Energy Investors
43 investors are recorded in total; the 5 named above are those the record identifies.
Form Energy Founders and Leadership Team
Contact details for the Form Energy team: 1 of 3 have an email address on file, 1 has a LinkedIn profile.
Start 14-day free trial →Form Energy Funding Compared to Other Energy Startups
Form Energy's latest round of $750M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Form Energy in Energy and Somerville
Companies Similar to Form Energy
Voltus represents the "potential of us" to better manage energy through simple, cost and risk-free…
VEIR is a company working on a new method of utilizing high-temperature superconductors for electricity…
Type One Energy Group is mission-driven to provide sustainable, affordable fusion power to the world. The…
Adden Energy is a company that creates durable, lithium-metal, solid-state batteries. These batteries have…
Maxwell Power is a renewable energy company that installs solar panels.
Apollo Atomics is the developer of a nuclear technology designed to provide sustainable power and to meet…
Mojave Energy Systems is a company that provides air conditioning solutions that reduce energy use, improve…
SMT Energy specializes in developing renewable energy projects such as solar PV, community solar, standalone…
Our mission is to bring curbside EV charging to cities across the U.S. and advance the adoption of electric…
Branch Energy collects software and energy nerds that help accelerate the transition for a clean energy…
Planted Solar is dedicated to promoting the shift towards renewable energy sources.
Nanoramic Laboratories specializes in developing energy storage technologies and materials, particularly…
Form Energy Funding FAQs
What does Form Energy do?
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 thermal 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.
How much funding has Form Energy raised?
Form Energy has raised $1.5B across 4 rounds on record. The most recent is a Series G of $750M announced in Aug 2026.
When did Form Energy last raise funding?
Form Energy's most recent funding round on record is a Series G of $750M, announced in Aug 2026.
Who has invested in Form Energy?
Investors on record for Form Energy include Temasek, Sequoia Capital, Coatue, Franklin Templeton, T. Rowe Price. FundedIQ records 43 investors in total.
Who founded Form Energy?
FundedIQ lists Sushant Thakur (Founder), Ted Wiley (Founder) at Form Energy.
Who is the CEO of Form Energy?
Mateo Jaramillo is listed as CEO at Form Energy.
Where is Form Energy headquartered?
Form Energy is based in Somerville, Massachusetts, United States.
How many employees does Form Energy have?
Form Energy is in the 101-250 employee band.
When was Form Energy founded?
Form Energy was founded in 2017.
How does Form Energy's funding compare to other Energy startups?
Form Energy's latest round of $750M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Form Energy Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Form Energy is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Startup funding intelligence on every funded startup: the round, the investors and the founders, as a file in your inbox or searchable in the app.
Radar from $49/mo · Pro from $149/mo. Card required, nothing charged until day 15, and we email you 3 days before that. Need something specific? Custom plans from $499/mo.