Form Energy Stock

formenergy.comEnergy / Energy StorageFounded: 2017Funding to Date: $841.52MM

Form Energy is a US-based energy storage technology and manufacturing business. They are developing an iron-air battery capable of storing 100 hours of electricity using renewable energy. Form Energy, formerly known as Baseload Renewables, was founded by Mateo Jaramillo, Theodore Wiley, William Woodford, Dr. Marco Ferrara, and Dr. Yet-Ming Chiang in 2017 and is headquartered in Somerville, MA.

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Management Team

William Woodford
Co-Founder & Chief Technology Officer
Theodore Wiley
Co-Founder, President, Chief Operating Officer & Board Member
Mateo Jaramillo
Co-Founder, Board Member & Chief Executive Officer
Charlotte Beard
Senior Vice President of Finance
Yet-Ming Chiang Ph.D
Co-Founder, Chief Science Officer & Board Member
Marco Ferrera Ph.D
Co-Founder, Senior Vice President Software & Analytics

Board Members

David Danielson Ph.D
Breakthrough Energy Ventures
Katie Rae
The Engine
Gabriel Kra
Prelude Ventures
Marc Mezvinsky
Philip Deutch JD
NGP Energy Technology Partners

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News Highlights

Iron And Rust Could Be The Secret To Storing Clean Power For Days
Form Energy, led by a former Tesla executive and backed by Bill Gates’s Breakthrough Energy Ventures and TPG, sees iron and rust as a low-cost solution to storing surplus energy for more than four days.
This New Super-Cheap Gigawatt-Scale Rust Battery Has Been Greenlit For Deployment In Minnesota
Form Energy, a startup supported by influential figures such as Gates and Bezos, is poised to revolutionize the grid-level renewable energy storage landscape with its game-changing iron-air battery system. This cutting-edge technology promises extended-duration energy storage at a fraction of the cost of lithium batteries, paving the way for a more sustainable and economically viable approach to storing renewable energy.
Iron-Air Batteries Are Here. They May Alter the Future of Energy.
Battery tech is now entering the Iron Age.
Updated on: Oct 1, 2023