Form Energy raises $750M to scale up 100-hour grid battery manufacturing
Form Energy has secured $750 million in fresh funding to expand production of its long-duration grid-scale batteries. The company's batteries are designed to store and deliver energy for up to 100 hours, making them notable for grid reliability applications. The fundraise comes as Form Energy has added major tech firms Google and Crusoe as customers. The capital will be directed toward scaling up manufacturing capacity to meet growing demand for its energy storage technology.
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