Form Energy, Inc. specializes in the development of long-duration energy storage systems aimed at replacing fossil fuel-based generation with renewable energy solutions. The company focuses on creating low-cost battery systems that can store energy from wind and solar sources for extended periods, enabling electricity supply from renewables to be more reliable and dispatchable throughout the year. Form Energy's technology, originally developed at MIT, enhances the electric grid's capacity without necessitating new transmission infrastructure and aims to diminish reliance on conventional thermal generation. Additionally, the company offers Formware, a software tool designed for capacity expansion with advanced optimization capabilities. Founded in 2017 and based in Somerville, Massachusetts, Form Energy is backed by notable investors, including Breakthrough Energy Ventures and MIT’s The Engine, and is driven by a team dedicated to overcoming complex technological challenges through innovation.
Private Equity Round in 2021
Waymo stands for a new way forward in mobility. it is a self-driving technology company with a mission to make it safe and easy for people and things to move around. Waymo improves transportation by building software and sensor technology developed in Google’s labs since 2009. In October 2015, they achieved the world’s first fully self-driving trip on public roads, in a car without a steering wheel or pedals. They refine Waymo technology through one billion miles of simulation testing each year, and the cars have self-driven over two million miles on public roads across four U.S. cities. It was founded in 2009 and is located in Mountain View, California.
Waymo stands for a new way forward in mobility. it is a self-driving technology company with a mission to make it safe and easy for people and things to move around. Waymo improves transportation by building software and sensor technology developed in Google’s labs since 2009. In October 2015, they achieved the world’s first fully self-driving trip on public roads, in a car without a steering wheel or pedals. They refine Waymo technology through one billion miles of simulation testing each year, and the cars have self-driven over two million miles on public roads across four U.S. cities. It was founded in 2009 and is located in Mountain View, California.
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