Form Energy was founded in 2017 by Marco Ferrara, Mateo Jaramillo, Ted Wiley, William Woodford, and Yet-Ming Chiang. The company has not publicly endorsed plans to participate in an IPO.
Form Energy is a battery company "developing and commercializing a new class of cost-effective, multi-day energy storage systems." In late 2022, the company announced that it would open its first American manufacturing plant in West Virginia. Form Energy has raised more than $800 million in venture capital funding from investors including TPG Rise, GIC, Canada Pension Plan Investment Board, ArcelorMittal, Breakthrough Energy Ventures, and Coatue. The company did not disclose valuation figures following a $450 million round of Series E funding in 2022.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Form Energy does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Form Energy will be known as it becomes public. Here are similar public companies: First Solar (NAS: FSLR), Chevron (NYS: CVX), General Electric (NYS: GE).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 10/4/2022 | Series E | $1.84B | $XXX.XX | $XXX.XX |
| 8/25/2021 | Series D | $1.28B | $XXX.XX | $XXX.XX |
| 11/13/2020 | Series C | $338.71MM | $XXX.XX | $XXX.XX |
| 8/23/2019 | Series B | $111.81MM | $XXX.XX | $XXX.XX |
| 6/18/2018 | Series A | $31.31MM | $XXX.XX | $XXX.XX |
Form Energy is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Form Energy pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Form Energy is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
