Somerville Massachusetts based Form Energy is raising $199,999,837.00 in New Equity Investment.
Somerville, MA – According to filings with the U.S. Securities and Exchange Commission, Form Energy is raising $199,999,837.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Mateo Jaramillo played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Form Energy
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.
To learn more about Form Energy, visit http://www.formenergy.com/
Contact:
Mateo Jaramillo, Chief Executive Officer
844-367-6462
mateo@formenergy.com
https://www.linkedin.com/in/mateojaramillo/
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