Form Energy secures $405M to expand iron-air battery production

US 'multi-day' energy storage firm Form Energy closes US$405 million funding round

Form Energy, the US startup behind a battery technology that aims to cost-effectively provide 100-hour duration energy storage, has closed a Series F funding round.

Form Energy secures $405M to expand iron-air battery production

Form Energy, a company that is beginning to produce a longer-lasting alternative to lithium batteries, hit a milestone Wednesday with an announcement of $405 million in funding.

Form Energy raises $405 million for its multi-day iron-air batteries

The U.S.-based long duration energy storage startup has raised more than $1.2 billion to date, making it one of the top-funded players in the space.From pv magazine’s ESS News Form Energy is looking to accelerate the expansion of its 100-hour iron-air battery system manufacturing in the US on the back of a $405 million Series F financing round. Announcing the major funding milestone on Wednesday, the company said this brings its total funding to…

Form Energy Raises $405 Million to Scale Up Multi-Day Energy Storage Solution for the Electric Grid

Energy storage technology and manufacturing company Form Energy, which is developing a battery capable of storing electricity for 100 hours, announced that it has raised $405 million in a Series F financing round. Energy storage solutions and infrastructure are emerging as a key energy transition investment area. Storage forms one of the major building blocks […]