DealMakers: Entrepreneur | Startups | Venture Capital
Mateo Jaramillo On Raising $127 Million To Help The World Transition To Renewable Energy With Technology
Mateo Jaramillo is the co-founder and CEO of Form Energy which develops and commercializes a low-cost battery system that can store wind and solar energy for a long duration. The company has raised $125 million from top-tier investors, including Temasek Holdings, Coatue, Prelude Ventures, Capricorn Investment Group, Macquarie Capital, and Energy Impact Partners to name a few.
In this episode, you will learn:
How to spot big markets
Working with Elon Musk
The entrepreneurial journey
Insights on fundraising
Alejandro Cremades · EP 308 Mateo Jaramillo On Raising $127M To Help The World Transition To Renewable Energy
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About Mateo Jaramillo:
Mateo Jaramillo is co-founder and CEO of Form Energy.
Form Energy is working to develop breakthrough low cost, long duration energy storage solutions that will enable the electric system to be 100% renewably powered.
Mateo Jaramillo was formerly Vice President of Products and Programs for Tesla’s stationary energy storage program, an effort he started. In that role, he was responsible for Tesla Energy's product line and business model definition, as well as global policy and business development.
Mateo Jaramillo joined Tesla in 2009 as the Director of Powertrain Business Development, serving as commercial lead and primary negotiator on over $100M in new development and $500M in production contracts signed for electric powertrain sales.
Prior to Tesla, Mateo Jaramillo was Chief Operating Officer and part of the founding team at Gaia Power Technologies, a pioneering distributed energy storage firm. Mateo Jaramillo earned his A.B. in Economics from Harvard and a Masters in Theology from Yale Divinity School.
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