United States · Funded startup
5 rounds we have observed, with the 25 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
Raised 2 months agoValuation: $1.0B, Oct 2024
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Funding summaryUpdated 5 Nov 2026
$2.0Braised across 5 rounds since 2019, from 6 sources
Each circle is a round, placed by date and sized by amount. The line above is the running total.
T. Rowe PriceLead
Sequoia Capital
Coatue
Franklin Templeton
Breakthrough Energy
Energy Impact Partners
Engine Ventures
Prelude Ventures
NGP
Peak 6
Gigascale Capital
Janus Henderson
GE Vernova
Blindspot VenturesReported by TechCrunch and 1 other
Eni NextLeadBreakthrough EnergyPrelude VenturesReported by FinSMEsSEC filing: $40M sold, first sale Aug 2019
Form Energy filed 5 raises, $608M in all. Filings say how much was sold and to how many investors; they never name the investors.
From the SEC filings it signed: 2 on the team.
On the board, as filediDavid Thomas DanielsonGabriel KraJaimin J. RangwallaKatie RaeLorenzo J. SicilianoMarc J. MezvinskyMichael SkellyPhilip J. Deutch
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
T. Rowe PriceLLSequoia CapitalCoatueBreakthrough EnergyPrelude VenturesEni NextL
Citibank
Temasek HoldingsFranklin TempletonEnergy Impact PartnersMissing a round, or an investor who was in one? Tell us.
These 3 firms list Form Energy as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Form Energy's investors include T. Rowe Price, Sequoia Capital, Coatue, Breakthrough Energy and Prelude Ventures, and 20 more on record.
Form Energy has raised $2.0B across 5 rounds since 2019.
Form Energy's most recent round was a Debt of $270M in Sept 2026.
Form Energy's largest round on record is $750M (Series G), in Aug 2026, led by T. Rowe Price.
Form Energy's first round on record, in Aug 2019, was backed by Eni Next, Breakthrough Energy and Prelude Ventures and 2 others.
Form Energy's latest named round is a Debt, in Sept 2026.
Form Energy is based in the United States.
Eni Next led the Series B in 2019; T. Rowe Price led the Growth in 2024.
In the same sector, and raised in the last eighteen months.
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United States · 
