Energy production is responsible for the second-largest share of greenhouse gas emissions. As power generation shifts to renewables in the coming decades, energy storage will be a crucial element of new, green electrical infrastructure. Form Energy’s iron-air battery costs less than a tenth of lithium batteries, making it a leading player in a rapidly-burgeoning space.
Form Energy is developing a new class of cost-effective, multi-day energy storage systems to enable a reliable and fully-renewable electric grid year-round. Their first commercial product is an iron-air battery for the electric grid.
Their team is composed of passionate people who are deeply motivated and inspired to create a better world. They are supported by leading investors who share a common belief that low-cost, multi-day energy storage is a key enabler of tomorrow’s zero-carbon electric system.
Breakthrough Energy Ventures, Coatue Management, Temasek