FinTechFunding

One: Raises Additional $65M in Series A Funding

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
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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