Energy Co. Completes $40M Round For 100% Renewable Grid
Law360 (August 23, 2019, 4:08 PM EDT) -- Massachusets-based Form Energy Inc. said it completed a $40 million Series B financing round that will allow it to develop a prototype of its 100% renewable energy grid.
The corporate venture capital vehicle of Eni Group, Eni Next LLC, led the round and was joined by repeat investors Breakthrough Energy Ventures, Prelude Ventures, MIT's The Engine and Macquarie Capital. New investor Capricorn Investment Group also participated in the round.
The company said in a press release made public Friday that the funds will be used to create a trial model of its "ultra-low-cost, long-duration" renewable energy battery system. On its website,...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!