Blog

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/articles/long-duration-battery-startup-form-energy-raises-450-million-11664877603 Utility Battery

Long-Duration Battery Startup Form Energy Raises $450 Million - WSJ

A startup developing iron-air batteries that could store renewable power for several days is raising $450 million from backers including steelmaker ArcelorMittal SA and TPG Inc.

Form Energy Inc. plans to use the funds to build its first big manufacturing facility and begin selling to customers. The private funding round more than doubles the total equity Form has raised in its five-year history, company officials said.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue reading your article with a WSJ subscription

Already a subscriber? Sign In

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

Long-Duration Battery Startup Form Energy Raises $450 Million - WSJ

Solar Energy Storage Power Wall This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.