Grid-scale energy storage developer Form Energy has closed a series B round led by Eni Next that will fund a prototype of its lithium-sulphur battery.

Eni Next, the corporate venturing arm of energy supplier Eni, has led a $40m series B round for Form Energy, a US-based energy storage technology spinout of Massachusetts Institute of Technology (MIT). The round included MIT’s affiliate venture fund, The Engine, in addition to Breakthrough Energy Ventures, Capricorn Investment Group, Prelude Ventures and Macquarie Capital.…

The rest of this content is only accessible to Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.