Form Energy, headquartered in United States, remains privately held in the energy storage space. Its most recent disclosed valuation is $1.8B. The stock is not listed on any public market.
1 valuation. The latest, $1.8B pre-money, was set by the Series G in Aug 2026.
Coatue ManagementLEADEEni NextLEAD
Breakthrough Energy VenturesLEADPPrelude VenturesLEADTThe EngineLEAD
T. Rowe PriceLEADGGE VernovaLEADTTPG Rise ClimateLEADAArcelorMittalLEADSSequoia CapitalJJanus HendersonFFranklin TempletonPPEAK6 Investments
Coatue ManagementEni Next
Breakthrough Energy VenturesPrelude VenturesForm Energy designs and builds iron-air batteries capable of storing electricity for 100 hours at a time, aimed at utilities and grid operators that need multi-day backup power. Its main product line centers on this iron-air technology, sold to electric utilities across the United States as a way to keep the grid reliable. The company is headquartered in Somerville, Massachusetts, and was founded in 2017 by Mateo Jaramillo, a former Tesla battery executive, together with MIT battery scientist Yet-Ming Chiang and other co-founders.
Form Energy manufactures its batteries at Form Factory 1, a 550,000-square-foot plant built on the former Weirton Steel mill site in West Virginia, employing close to 400 people. In 2026 Google signed a battery supply agreement with the company to help power a data center in Minnesota.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Form Energy.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. Form Energy availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — Form Energy included.
The routes section explains what is realistically available for a company at this stage.
No. Form Energy is a private company; its shares do not trade on a public exchange.
The last valuation is $1.8B.
Lead investors for each round are in the funding timeline.