From ESS News
Form Energy is trying to speed up the growth of its 100-hour iron-air battery system manufacturing within the US on the again of a $405 million Series F financing spherical.
Announcing the main funding milestone on Wednesday, the corporate stated it brings its complete funding thus far to greater than $1.2 billion.
The newest spherical of startup funding, led by T. Rowe Price, additionally sees GE Vernova as a brand new investor. Current buyers Bill Gates’ Breakthrough Energy Ventures, TPG Rise Climate, Capricorn’s Technology Impact Funds, Coatue, Energy Impact Partners (EIP), MIT’s The Engine Ventures, NGP, Temasek, GIC, Prelude Ventures, Claure Group, Gigascale Capital, Blindspot Ventures, and VamosVentures additionally participated within the spherical.
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