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Tpg Anchors $450M Series E Funding Round In Energy Storage Systems Developer Form Energy

Oct 07, 2022•almost 3 years ago

Amount Raised

$450 Million

Round Type

series e

Somerville

Description

TPG Rise, the global impact investing platform of private equity giant TPG, has anchored a $450 million series E financing round in energy storage systems developer Form Energy Inc.

Company Information

Company

Form Energy

Location

Somerville, Pennsylvania, United States

About

Form Energy is developing a new class of cost-effective, multi-day energy storage systems that will enable a reliable and fully-renewable electric grid year-round. Our pioneering battery technology will entirely reshape the global electric system and give it new form.

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