ArcelorMittal's XCarb innovation fund led a $200m Series D funding round in Form Energy.

ArcelorMittal's XCarb innovation fund led a $200m Series D funding round in Form Energy, a technology company "This is an extremely exciting time at Form Energy, and we are pleased to welcome ArcelorMittal as a business partner and investor. ArcelorMittal is a world-leading steel and mining company, and this investment demonstrates their commitment to innovation and deep decarbonization. We appreciate their confidence in our team and in our technology as we work to reshape the global electric system to enable a clean energy future," Mateo Jaramillo, Form Energy CEO and Co-founder.