Our Next Energy, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Our Next Energy, Inc. - overview
Established
2020
Location
Novi, MI, US
Primary Industry
Energy Storage & Batteries
About
Our Next Energy, Inc. is a US-based company focused on developing advanced energy storage solutions, particularly for electric vehicles and renewable energy, aiming to meet the growing demand for sustainable energy technologies. Founded in 2020 and headquartered in Novi, Michigan, Our Next Energy, Inc. specializes in energy storage solutions.
The company was established by Mujeeb Ijaz, who has a history in the energy industry. ONE has completed 7 funding deals with its latest being a Series B round on March 6, 2025, raising USD 300. 00 mn led by notable investors such as Alpha Intelligence Capital and Temasek Holdings. The total amount raised by the company stands at USD 300.
00 mn with a current valuation of USD 1,054. 05 mn. Our Next Energy specializes in manufacturing advanced energy storage solutions, including electric vehicle batteries and renewable energy storage systems. Its product line features the Aries™ LFP lithium iron phosphate packs and the Gemini™ packs, which are engineered to provide industry-leading ranges of up to 608.
1 miles on a single charge, catering to automotive manufacturers, energy providers, and industrial firms primarily in the U. S. The company's revenue is generated from the sale of battery products and energy storage systems, marketed directly to businesses in the automotive and energy sectors through direct sales agreements and partnerships. ONE's flagship products, including Aries™ LFP and Gemini™ packs, are tailored to meet specific client needs, with revenue generation bolstered by enhancements in U.
S. manufacturing capabilities. On March 6, 2025, Our Next Energy raised an undisclosed amount of venture funding co-led by Trousdale Ventures, Ivanhoe Capital Corporation, and Crescent Global Partners LLC. This funding will be utilized to expand operations, supporting the launch of new products and entering additional markets.
The company aims to continue its development of innovative energy storage technologies to cater to the expanding demands of the EV market.
Current Investors
Flex Ltd., BMW i Ventures, Breakthrough Energy Ventures
Primary Industry
Energy Storage & Batteries
Sub Industries
Energy Storage & Batteries
Website
www.one.ai
Verticals
Artificial Intelligence, Manufacturing
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.