About

Together we're transforming the electric grid

Form Energy was founded by energy storage veterans who came together in 2017 with a unified mission to reshape the global electric system by creating a new class of low-cost, multi-day energy storage systems. Guided every day by Form’s core values of humanity, excellence, and creativity, our team is dedicated to driving energy innovation forward to strengthen the electric grid and communities across the country. 

Our Leadership

Form Energy is led by a seasoned leadership team with deep experience developing, scaling, and deploying new energy technologies. Grounded in technical excellence and pragmatic optimism, we’re building energy storage for a better America — and a better world.

Sarah Bray

Vice President, Communications & Corporate Affairs

Catherine Carmichael

Vice President, Global Supply Chain

Yet-Ming Chiang

Chief Science Officer

Marco Ferrara

Chief Digital Officer

Navneet Govil

Chief Financial Officer

Amy Higgins

Senior Vice President, People

Mateo Jaramillo

Chief Executive Officer

RJ Johnson

Chief Commercial Officer

Brian Lewis

Interim General Counsel

Christopher Reynolds

Vice President, Core Technology

Tobias Schmieg

Vice President, Product Engineering

Wes Sloan

Chief Operating Officer

Ted Wiley

Co-founder & President

William Woodford

Chief Technology Officer

Our Presence Across the U.S.

Today, Form Energy employs nearly 1,000 people at facilities in West Virginia, Massachusetts, and California, and has multi-day energy storage projects underway with leading utilities and developers across the United States. It has also begun expanding globally, having announced its first international project in Ireland.

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Our Progress

Since our founding in 2017, Form Energy has rapidly advanced iron-air batteries from concept to commercialization for the electric grid by de-risking the technology through rigorous testing, scaling our manufacturing operations, and signing agreements with leading utilities to deploy multi-day energy storage systems across the country. From early prototypes in the lab to the world’s first grid-connected systems, this timeline highlights the milestones that have powered our progress so far and build the foundation for what comes next.

  • 2017
Form Energy co-founders Mateo Jaramillo, Ted Wiley, Billy Woodford, Yet-Ming Chiang, and Marco Ferrara
  • Founded by five energy storage veterans
  • Began research & development work on low-cost, multi-day energy storage systems with initial seed funding and lab space from MIT’s The Engine
  • 2018
Form Energy’s first iron-air battery prototype
  • Established Form’s first research & development facility in Somerville, MA
  • Built first battery prototypes
  • Assembled and tested first sub-scale cell
  • Selected 100-hour, iron-air battery as first product following extensive techno-economic analysis of market needs and scientific evaluation of optimal technologies
  • Closed $9 million Series A financing round led by Breakthrough Energy Ventures, Prelude Ventures, and The Engine
  • 2019
A Form Energy sub-scale cell
  • Built first iron-air battery electrodes
  • Increased testing to more than 35 sub-scale cells total
  • Validated capability of iron-air chemistry to meet essential performance and duration metrics for multi-day energy storage
  • Closed $40 million Series B financing round led by Eni Next, bringing Form’s total funding to over $50 million
  • 2020
Form Energy's first full-height cell
  • Integrated world-leading air cathodes into product design by acquiring NantEnergy, a zinc-air battery company, and demonstrated air cathode technology’s unmatched performance potential in first full-height cell
  • Assembled and tested first full-scale cell and expanded testing to close to 200 sub-scale cells total
  • Launched Formware™, an advanced software tool for utilities and grid operators to model the value of multi-day energy storage in their portfolios
  • Opened engineering facility in Berkeley, CA to support product development
  • Signed agreement for first pilot project with a commercial customer – a 1.5 MW project in partnership with Great River Energy, one of the largest electricity providers in Minnesota
  • Closed $76 million Series C financing round led by Coatue Management
  • 2021
Form Energy's first full-scale cell stack
  • Built first full-scale cell stack, demonstrating performance transfer from sub-scale to full-scale
  • Built, tested, and verified product performance on first iron-air battery module, and expanded testing to 2,450+ sub-scale cells and 17 full-scale cells total
  • Added pilot manufacturing facility in Eighty-Four, PA to begin developing advanced manufacturing processes
  • Launched nation-wide site selection process for first high-volume battery manufacturing facility
  • Closed $240 million Series D financing round led by ArcelorMittal’s XCarb™ innovation fund
  • 2022
Form Energy iron-air battery modules on test in Berkeley, CA
  • Developed advanced manufacturing processes for electrodes, cells, and modules
  • Increased testing and verification with 7,700+ sub-scale cells, 52 full-scale cells, and two modules tested in total
  • Signed agreement on a 15 MW project with Georgia Power, the largest utility in Georgia
  • After reviewing 500+ potential sites across the United States, announced plans to open Form’s first high-volume manufacturing facility in Weirton, West Virginia
  • Closed $450 million Series E financing round led by TPG’s global impact investing platform, TPG Rise
  • 2023
Form Energy’s first grid-connected iron-air battery system in the Sacramento Valley
  • Began construction on Form Factory 1, Form’s first high-volume manufacturing facility in Weirton, WV
  • Honed and ramped pilot manufacturing processes across the full battery system
  • Deployed world’s first grid-connected iron-air battery system for testing in the field in the Sacramento Valley region of California and continued to ramp testing and verification in total to 13,500+ sub-scale cells, 250+ full-scale cells, and 18 modules
  • Signed over 4 gigawatt hours of commercial contracts with leading utilities and energy entities, including Xcel Energy, Dominion Energy, the California Energy Commission, and NYSERDA
  • 2024
Form Factory 1 in Weirton, WV (July 2024)
  • Completed construction of Form Factory 1, a state-of-the-art, 550,000+ square foot manufacturing facility
  • Began trial production of Form’s iron-air batteries at Form Factory 1
  • Deployed Form’s second grid-connected iron-air battery system for testing in the California Bay Area and expanded testing and verification to 21,500+ sub-scale cells, 650+ full-scale cells, and 113 modules total
  • Selected by the U.S. Department of Energy to deploy the largest ever energy storage project by energy capacity announced globally to date at the time – an 85 MW/8,500 MWh project in Maine
  • Successfully completed UL9540A safety testing on Form’s iron-air battery system, demonstrating the highest battery safety standards with no flame or thermal runaway event propagation
  • Closed $405 million Series F financing round led by T. Rowe Price, bringing total funds raised to over $1.2 billion
  • 2025
Form Energy iron-air battery system leaving Form Factory 1 for deployment at first pilot site for commercial demonstration
  • Added multiple enclosures to Form’s grid-connected iron-air battery system in the Bay Area and continued to increase testing and verification to 28,000+ sub-scale cells, 950+ full-scale cells, 150+ modules, and 10+ grid-connected enclosures in total
  • Deployed first iron-air battery system for commercial demonstration in partnership with Great River Energy, with the full project expected to come online in 2026
  • 2026
Form Energy iron-air battery enclosures in the field
  • Completed testing on more than 34,700 sub-scale cells, 6,200 full-scale cells (including cells tested in modules), 170 modules, and 10+ grid-connected packs, demonstrating continuous 100-hour duration & other key performance metrics required for a 24/7 grid
  • Announced plans to deploy the largest battery system by energy capacity yet in the world – a 300 MW/30 GWh iron-air battery project with Xcel Energy to help power a new Google data center in Minnesota
  • Advanced commercial pipeline to over 750 MW/75 GWh in projects under agreement
  • Announced first international deployment: a 10 MW / 1,000 MWh iron-air battery system with FutureEnergy Ireland in the northwest of Ireland.
  • Announced strategic supply agreement with AI factory company Crusoe for 12 GWh of iron-air battery systems to support AI data centers

Our Investors

Form Energy is supported by leading investors who share a common belief that low-cost, multi-day energy storage is a key enabler of a clean and reliable electric grid.

Join Us in Shaping the Future of Energy

If you’re ready to be part of a dynamic team delivering breakthrough solutions to transform the electric grid, we want to hear from you!

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