One Raises Additional $65M in Series A Funding
- Our Next Energy, Inc., a Novi, Michigan-based energy storage technology company, raised $65M in Series A funding
- This new funding round, which followed a $25M Series A in October 2021, was led by BMW i Ventures
- The company intends to use the funds to expand its operations and prepare for demand and customer activity
- Our Next Energy is a developer of innovative energy storage technology
- The company focuses on safer battery chemistries that use sustainable raw materials while creating a reliable, low cost and conflict-free supply chain
- The company will begin production of its first product, AriesTM, in late 2022 and will demonstrate a production prototype GeminiTM battery in 2023
