Fourth Power
Energy Storage that Grows with the Grid
35 employees · est. 2021 · Cambridge, United States
Form Energy is the older company (2017 vs 2021); Form Energy is the larger of the two.
Side-by-Side Comparison
| Metric | Form Energy | Fourth Power |
|---|---|---|
| Founded | ||
| Founded | 2017 older | 2021 |
| Headquarters | ||
| Headquarters | Somerville, United States | Cambridge, United States |
| Employees | ||
| Employees | 847 larger | 35 |
| Industry | ||
| Industry | Energy, Renewable Energy, Energy Storage | Energy, Renewable Energy, Energy Storage |
| Funding Stage | ||
| Funding Stage | Series G | Series A |
| Total Funding | ||
| Total Funding | $1.91B | $19.00M |
| Funding Rounds | ||
| Funding Rounds | 11 | 1 |
| Services | ||
| Services | Energy Storage Solutions, Battery Manufacturing, Grid Modeling and Software Development | Thermal energy storage systems, Utility-scale energy solutions, Flexible grid-scale storage solutions |
| Target Customers | ||
| Target Customers | Electric Grid Operators, Renewable Energy Providers, Data Center Operations, Investors in Clean Technology | Utility companies, Energy infrastructure developers, Renewable energy sectors, Government energy agencies |
| Taxonomy | ||
| Taxonomy | Energy Storage, Multi-day Storage Technology, Grid Reliability, Clean Energy, Battery Technology, Wind Energy, Solar Energy, Electric Grid Transformation, Long Duration Energy Storage, Scientific Innovation, Dispatchable Energy, Transmission Capacity, Thermal Generation Replacement, MIT Invention | Thermal Battery, Energy Storage, Grid Storage, Thermal Storage, Utility-Scale Storage, Long-Duration Energy Storage, Industrial Heat, Clean Energy, Modular Battery, On-Demand Energy, Cost-Competitive, Wind Energy, Solar Energy, Fossil Fuel Alternative |
| Website | ||
| Website | formenergy.com | gofourth.com |
About Form Energy
Form Energy, founded in 2017, is spearheading breakthroughs in the energy industry with its innovative multi-day energy storage solutions, aimed at maintaining a clean and reliable electric grid. Headquartered in the United States, the company operates across several strategic locations, including W...
About Fourth Power
Fourth Power is making significant strides in the energy sector with its innovative thermal battery technology. Founded in 2021 and headquartered in the United States, the company focuses on transforming renewable energy into an on-demand source via utility-scale thermal storage. These technological...
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