Form Energy’s stealthy ‘aqueous air battery’ with 150-hour duration gets another $70 million
16 Nov 2020
Mateo Jaramillo, CEO and co-founder of Form Energy, revealed that the stealthy company closed a Series C funding of more than $70 million, as per Reuters. Funding in the startup now totals more than $120 million. The CEO did not disclose the investors nor has it disclosed its core technology.
Form Energy remains a secretive, long-duration energy storage startup funded by Bill Gates’ Breakthrough Energy Ventures and other investors.
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