Form Energy raises Series G at $1.75B valuation, down from $3B in 2024

The long-duration battery startup closed a funding round at a significantly lower valuation than its previous raise, reflecting broader investor scrutiny of the energy storage sector's path to profitability.

First covered Aug 20, 2026 · 9:24 AM PT · 1 article · no longer in the live window

Form Energy raises Series G at $1.75B valuation, down from $3B in 2024 — Image via latitudemedia.com

Coverage

37d Latitude Media What’s behind Form Energy’s downgraded valuation — Form raised its Series G at a $1.75-billion pre-money valuation, down from $3 billion in 2024 — but it's isn’t necessarily cause for alarm.

More coverage from around the web

winssolutions.org Form Energy raises $750m at lower valuation

tracxn.com Form Energy - 2026 Company Profile, Team, Funding & Competitors - Tracxn

indexbox.io Form Energy Secures $750M Series G Led by T. Rowe Price for Iron-Air Battery Scale-Up - News and Statistics - IndexBox

energy-storage.news Iron-air US LDES startup Form Energy secures US$750 million Series G financing

formenergy.com Form Energy Secures $750M in Series G Financing to Scale Iron-Air Battery Manufacturing and Accelerate Commercial Deployments | Form Energy

Appeared in: 2026-08-21 (#16)

← Back to the brief