Funding and M&A Roundup: Battery Systems Provider Form Energy Raises $450 Million
Waaree Energies raises $122.6 Million to expand solar module manufacturing capacity
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Form Energy, an iron air-based battery systems provider, announced that it has raised $450 million in a Series E financing round led by TPG’s global impact investing platform, TPG Rise, with additional participation from GIC and Canada Pension Plan Investment Board. The company is developing and commercializing an iron air-based battery system and is engaged in a site selection process for its first full-scale battery manufacturing facility.
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Utsav Sinha
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