Forge Battery

About Forge Battery

Forge Battery is a US-based supplier of high-performance lithium-ion batteries, primarily serving the aerospace and defense markets. Their mission is to bring next-generation battery technology to the world, with a focus on manufacturing in the USA.

Products & Services

Supercell SC58:A high-performance lithium-ion battery with an energy density of 301 Wh/kg, capacity of 5.65 Ah, and an IRA-compliant supply chain.

21700 Cylindrical Lithium-Ion Battery Cells:Produced at their Morrisville, North Carolina facility with a capacity of up to 3 GWh/year.

Specialties

High-performance lithium-ion batteries Aerospace and defense market solutions Next-generation battery technology IRA-compliant supply chain

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Government Grant T: - FT: Government Grant	A: 100000000 MR: - FA: up to $100M FAN: 100000000	D: 2024-09-20 FD: 2024-09-20	1 investors

Government Grant Latest

2024-09-20

$100.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

No team data available

Team information is not yet available for this company

Recent News

Forge Battery Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised