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Form Energy Raises $750m to Expand West Virginia Iron-Air Battery Plant to Meet Surging Data Center Demand

The Series G round was led by T. Rowe Price as Form Energy said its backlog reached 80 gigawatt-hours, the Wall Street Journal reported.

Summary by datacenterdynamics.com
The company has previously signed supply deals with Google and Crusoe

9 Articles

EntrepreneurEntrepreneur
Lean Right

Batteries Powered By Rust? This Startup Raised $750 Million to Build Them.

Form Energy's iron-air batteries can keep running for 100 hours straight, far longer than standard lithium-ion batteries.

·Santa Ana, United States
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datacenterdynamics.comdatacenterdynamics.com
Center

Form Energy raises $750m to expand West Virginia iron-air battery plant to meet surging data center demand

The company has previously signed supply deals with Google and Crusoe

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Boston GlobeBoston Globe
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Somerville’s Form Energy lands $750m investment, in part to expand its West Virginia battery factory - The Boston Globe

It's the second-largest VC deal in Massachusetts this year.

·Boston, United States
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TechCrunchTechCrunch
Center

Form Energy raises $750M to build more 100-hour batteries for the grid

Form Energy has landed Google and Crusoe as customers. Now, it has raised $750 million to expand manufacturing to deliver its massive, 100-hour batteries.

·San Francisco, United States
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The Business JournalsThe Business Journals
Center

Form Energy Hires New CFO, COO After $750M Funding Round - Boston ...

·Charlotte, United States
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elperiodicodelaenergia.comelperiodicodelaenergia.com

Form Energy Captures $750 Million to Boost Its Long-Lasting Iron Batteries

Form Energy, the U.S. long-term energy storage startup, has closed a $750 million G Series round to expand the manufacturing of its iron-air batteries in West Virginia, at a time when the boom of artificial intelligence data centers triggers demand for reliable power supply. The round, led by T. Rowe Price, featured the participation of Sequoia Capital, Janus Henderson, Franklin Templeton, TPG Rise Climate, Breakthrough Energy Ventures, GE Verno…

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The Business Journals broke the news in Charlotte, United States on Wednesday, August 12, 2026.
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