Startup Trends: 5 top funded startups of Q4 2024
Five firms from various industries — Form Energy, Physical Intelligence, Lightmatter, Beta Technologies and Writer — ranked among the highest in fundraising for the fourth quarter of 2024.
Forge reviews all bids and asks to ensure fair pricing and requires a 30-day expiration to maintain accuracy. Register to view all opportunities, last matched price and additional transactional details.
| Funding Date | Round | Amount Raised | Price Per Share | Post-Money Valuation 3 | Key Investors | |
|---|---|---|---|---|---|---|
| 08/12/2026 | Series G | $750M | $10.11 | $2.27B | Blindspot Ventures, Breakthrough Energy Ventures, Capricorn Investment Group, Cari Tuna, Coatue, Dustin Moskovitz, Energy Impact Partners, Engine Ventures, Franklin Templeton, GE Vernova, Gigascale Capital, Janus Henderson, M&G Catalyst Fund, Ngp, Peak6 Investments, Prelude Ventures, Sequoia Capital, Tpg Rise Climate Fund, T. Rowe Price | |
|
Price Per Share
$10.11
Shares Outstanding
74,150,971
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blindspot Ventures, Breakthrough Energy Ventures, Capricorn Investment Group, Cari Tuna, Coatue, Dustin Moskovitz, Energy Impact Partners, Engine Ventures, Franklin Templeton, GE Vernova, Gigascale Capital, Janus Henderson, M&G Catalyst Fund, Ngp, Peak6 Investments, Prelude Ventures, Sequoia Capital, Tpg Rise Climate Fund, T. Rowe Price
|
||||||
| 10/09/2024 | Series F | $84.37M | $24.18 | $3.42B | Blindspot Ventures, Breakthrough Energy Ventures, Capricorn Investment Group, Claure Group, Coatue, Energy Impact Partners, Engine Ventures, GE Vernova, Gic, Gigascale Capital, Ngp, Prelude Ventures, Temasek, Tpg Rise Climate Fund, T. Rowe Price, Vamosventures | |
|
Price Per Share
$24.18
Shares Outstanding
3,488,554
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.2x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blindspot Ventures, Breakthrough Energy Ventures, Capricorn Investment Group, Claure Group, Coatue, Energy Impact Partners, Engine Ventures, GE Vernova, Gic, Gigascale Capital, Ngp, Prelude Ventures, Temasek, Tpg Rise Climate Fund, T. Rowe Price, Vamosventures
|
||||||
| 10/09/2024 | Series F-1 | $320.63M | $24.18 | $3.42B | Blindspot Ventures, Breakthrough Energy Ventures, Capricorn Investment Group, Claure Group, Coatue, Energy Impact Partners, Engine Ventures, GE Vernova, Gic, Gigascale Capital, Ngp, Prelude Ventures, Temasek, Tpg Rise Climate Fund, T. Rowe Price, Vamosventures | |
|
Price Per Share
$24.18
Shares Outstanding
13,258,124
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
2.4x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blindspot Ventures, Breakthrough Energy Ventures, Capricorn Investment Group, Claure Group, Coatue, Energy Impact Partners, Engine Ventures, GE Vernova, Gic, Gigascale Capital, Ngp, Prelude Ventures, Temasek, Tpg Rise Climate Fund, T. Rowe Price, Vamosventures
|
||||||
| 10/04/2022 | Series E | $294.52M | $18.38 | $1.84B | Arcelormittal, Breakthrough Energy Ventures, Canada Pension Plan Investment Board, Capricorn Investment Group, Coatue, Energy Impact Partners, Engine Ventures, Gic, Ngp, Prelude Ventures, Temasek, Vamosventures | |
|
Price Per Share
$18.38
Shares Outstanding
16,027,917
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.2x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Arcelormittal, Breakthrough Energy Ventures, Canada Pension Plan Investment Board, Capricorn Investment Group, Coatue, Energy Impact Partners, Engine Ventures, Gic, Ngp, Prelude Ventures, Temasek, Vamosventures
|
||||||
| 10/04/2022 | Series E-1 | $95.81M | $18.38 | $1.84B | Arcelormittal, Breakthrough Energy Ventures, Canada Pension Plan Investment Board, Capricorn Investment Group, Coatue, Energy Impact Partners, Engine Ventures, Gic, Ngp, Prelude Ventures, Temasek, Vamosventures | |
|
Price Per Share
$18.38
Shares Outstanding
5,213,942
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.2x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Arcelormittal, Breakthrough Energy Ventures, Canada Pension Plan Investment Board, Capricorn Investment Group, Coatue, Energy Impact Partners, Engine Ventures, Gic, Ngp, Prelude Ventures, Temasek, Vamosventures
|
||||||
| 08/25/2021 | Series D | $122.91M | $18.10 | $1.28B | Arcelormittal | |
|
Price Per Share
$18.10
Shares Outstanding
6,790,089
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.2x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Arcelormittal
|
||||||
| 08/25/2021 | Series D-1 | $40.03M | $18.10 | $1.28B | Arcelormittal | |
|
Price Per Share
$18.10
Shares Outstanding
2,211,211
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.2x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Arcelormittal
|
||||||
| 11/13/2020 | Series C | $56.11M | $6.33 | $338.71M | Breakthrough Energy Ventures, Capricorn Investment Group, Coatue, Energy Impact Partners, Eni Next, Macquarie Asset Management, Ngp, Prelude Ventures, Temasek | |
|
Price Per Share
$6.33
Shares Outstanding
8,857,030
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakthrough Energy Ventures, Capricorn Investment Group, Coatue, Energy Impact Partners, Eni Next, Macquarie Asset Management, Ngp, Prelude Ventures, Temasek
|
||||||
| 11/13/2020 | Series C-1 | $25.72M | $6.33 | $338.71M | Breakthrough Energy Ventures, Capricorn Investment Group, Coatue, Energy Impact Partners, Eni Next, Macquarie Asset Management, Ngp, Prelude Ventures, Temasek | |
|
Price Per Share
$6.33
Shares Outstanding
4,060,695
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakthrough Energy Ventures, Capricorn Investment Group, Coatue, Energy Impact Partners, Eni Next, Macquarie Asset Management, Ngp, Prelude Ventures, Temasek
|
||||||
| 08/23/2019 | Series B | $11.98M | $3.10 | $111.81M | Breakthrough Energy Ventures, Capricorn Investment Group, Engine Ventures, Eni Next, Macquarie Asset Management, Prelude Ventures | |
|
Price Per Share
$3.10
Shares Outstanding
3,870,399
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakthrough Energy Ventures, Capricorn Investment Group, Engine Ventures, Eni Next, Macquarie Asset Management, Prelude Ventures
|
||||||
| 08/23/2019 | Series B-1 | $19M | $3.10 | $111.81M | Breakthrough Energy Ventures, Capricorn Investment Group, Engine Ventures, Eni Next, Macquarie Asset Management, Prelude Ventures | |
|
Price Per Share
$3.10
Shares Outstanding
6,136,554
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakthrough Energy Ventures, Capricorn Investment Group, Engine Ventures, Eni Next, Macquarie Asset Management, Prelude Ventures
|
||||||
| 06/18/2018 | Series A | $4.38M | $1.26 | $31.31M | Blindspot Ventures, Breakthrough Energy Ventures, Engine Ventures, Prelude Ventures | |
|
Price Per Share
$1.26
Shares Outstanding
3,477,344
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blindspot Ventures, Breakthrough Energy Ventures, Engine Ventures, Prelude Ventures
|
||||||
| 06/18/2018 | Series A-1 | $6.23M | $1.26 | $31.31M | Blindspot Ventures, Breakthrough Energy Ventures, Engine Ventures, Prelude Ventures | |
|
Price Per Share
$1.26
Shares Outstanding
4,940,383
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blindspot Ventures, Breakthrough Energy Ventures, Engine Ventures, Prelude Ventures
|
||||||
Five firms from various industries — Form Energy, Physical Intelligence, Lightmatter, Beta Technologies and Writer — ranked among the highest in fundraising for the fourth quarter of 2024.
The stock market may be giving a thumbs down to disruptive-technology stocks this year. But that hasn’t stopped prominent investors including Bill Gates, Volkswagen, and Goldman Sachs from pouring tens of millions of dollars into a slew of private companies that are on the cutting edge of clean-energy technology.
| Trade Metrics | Last Funding Round | |||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Last Matched | Round | Post-Money Valuation 3 | Price Per Share | Amount Raised | ||
| Antora Energy | Not available | $xx.xx | Series C | $2.34B | $13.76 | $410.27M | ||
| EnerVenue | Not available | $xx.xx | Not available | -- | -- | -- | ||
| Group14 Technologies | Not available | $xx.xx | Series D | $5.08B | $30.00 | $276.12M | ||
| Lyten | $8.05 +$0.10 (1.26%) | $xx.xx | Series B | $1.29B | $12.05 | $350M | ||
| Our Next Energy (ONE) | Not available | $xx.xx | Series 2 | $24.62M | $0.02 | $19.94M | ||
| Redwood Materials | $36.38 -$0.03 (0.08%) | $xx.xx | Series E | $6.04B | $47.74 | $350M | ||
| Sila Nanotechnologies | $16.42 +$5.67 (52.74%) | $xx.xx | Series H | $2.33B | $16.42 | $300M | ||
| Sion Power | Not available | $xx.xx | Series A-2 | $417.66M | $1.42 | $2.5M | ||
| TerraPower | Not available | $xx.xx | Not available | -- | -- | -- | ||
| Valar Atomics | Not available | $xx.xx | Series B-1 | $6B | $96.51 | $527.3M | ||
Updated on: Aug 13, 2026
PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES
‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.
The news articles displayed on this page may be curated using artificial intelligence (AI) technology, which selects relevant content from a list of trusted web sources. While we strive for accuracy and reliability, the inclusion of an article does not imply endorsement or verification of its content. This communication is for informational purposes only. Investors should conduct their own research and consult a financial professional before making investment decisions.
Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.