Our Next Energy
Founded Year
2020Stage
Series B - II | AliveTotal Raised
$610MValuation
$0000Last Raised
$300M | 3 mos agoAbout Our Next Energy
Our Next Energy is an energy storage technology company that focuses on engineering batteries that help accelerate electrification. It aims at doubling the range of electric vehicles and offers more sustainable raw materials by establishing a localized supply chain. The company was founded in 2020 and is based in Novi, Michigan.
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ESPs containing Our Next Energy
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The battery cathode developers market is a growing industry that focuses on developing advanced cathode materials for batteries used in various applications such as electric vehicles, consumer electronics, and renewable energy storage. The demand for these materials has been increasing due to the rising adoption of electric vehicles and the need for more efficient and durable batteries. The market…
Our Next Energy named as Highflier among 5 other companies, including Morrow Batteries, SVOLT, and Zeta Energy.
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Research containing Our Next Energy
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CB Insights Intelligence Analysts have mentioned Our Next Energy in 1 CB Insights research brief, most recently on Apr 26, 2023.
Apr 26, 2023 report
The State of CVC in 5 charts: Funding falls to a 5-year low in Q1’23Expert Collections containing Our Next Energy
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Our Next Energy is included in 3 Expert Collections, including Auto Tech.
Auto Tech
3,402 items
Companies developing battery electric vehicles (BEVs) and fuel cell vehicles (FCEVs) as well as companies working on improvements to battery design, building out charging infrastructure, and launching EV sharing services to help accelerate adoption.
Energy Storage
1,238 items
This collection includes large and small energy storage technology, from grid-scale molten salt containers to small, thin-film lithium-ion batteries.
Unicorns- Billion Dollar Startups
1,323 items
Our Next Energy Patents
Our Next Energy has filed 3 patents.
The 3 most popular patent topics include:
- Energy storage
- Battery electric cars
- Rechargeable batteries
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
9/30/2022 | Application |
Application Date | 9/30/2022 |
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Latest Our Next Energy News
Feb 6, 2023
02/06/2023 | 07:00am EST Message : *Required fields (Alliance News) - Riverstone Energy Ltd on Monday said it committed USD12.5 million to Our Next Energy's USD300 million series B preferred equity investment round, valuing ONE at over USD1.0 billion. Riverstone Energy is a US, Canada, Europe and Australia-focused investment company, with assets in the energy industry and around USD193 million committed across decarbonisation sectors. ONE is a Michigan, US-based energy storage technology company. Riverstone Energy said ONE will use the proceeds to complete its first lithium iron phosphate battery manufacturing plant ONE Circle in Van Buren Township, Michigan. Riverstone Energy joins leads Fifth Wall and Franklin Templeton in the funding round, alongside Temasek, Coatue, AI Capital Partners, and Sente Ventures. It said the investment demonstrates its continued efforts to increase its exposure to global energy transition, while creating value for its shareholders. This is alongside its recent decarbonisation investments in Group14, Tritium and Infinitum, amongst others. Shares in Riverstone Energy were down 0.2% to 610.84 pence each in London on Monday morning. By Greg Rosenvinge, Alliance News reporter
Our Next Energy Frequently Asked Questions (FAQ)
When was Our Next Energy founded?
Our Next Energy was founded in 2020.
Where is Our Next Energy's headquarters?
Our Next Energy's headquarters is located at 45145 W. 12 Mile Road, Novi.
What is Our Next Energy's latest funding round?
Our Next Energy's latest funding round is Series B - II.
How much did Our Next Energy raise?
Our Next Energy raised a total of $610M.
Who are the investors of Our Next Energy?
Investors of Our Next Energy include Coatue Management, Franklin Venture Partners, AI Capital, State Of Michigan, Riverstone Holdings and 10 more.
Who are Our Next Energy's competitors?
Competitors of Our Next Energy include iM3NY.
Compare Our Next Energy to Competitors
iM3NY operates as a gigafactory that produces high-grade lithium-ion battery cells.
CATL (SZSE: 300750) offers energy technology solutions. It develops and manufactures lithium-ion power and energy storage batteries. Its businesses cover research and development (R&D), manufacturing, and sales in battery systems for new energy vehicles and energy storage systems. The company was founded in 2011 and is based in Ningde, China.
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