Groundbreaking for Form Energy's iron-air battery manufacturing facility.Pictured left to right: Secretary Mitch Carmichael, West Virginia Department of Economic Development Secretary; Mateo Jaramillo ...
Form Energy closed a $450 million Series E fundraising round yesterday to continue its work turning iron into rust. The round was led by TPG Rise Climate and joined by new investors GIC and Canada ...
When iron rusts, it swaps an electron for an oxygen molecule. Usually, that electron goes to waste. Form Energy’s batteries, which are the size of a washer-dryer set, take in oxygen to convert iron to ...
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