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Our Next Energy

one.ai ↗
PROCESS SCHEMATIC · BATTERY STORAGE / BATTERY PACKS LIVE
Founded
2020
Stage
SERIES B
Raised
$390M
HQ
NOVI, MI
Layer
MANUFACTURING

Manufactures LFP and dual-chemistry range-extender battery packs.

Funding history

RoundAmountDateLead
Series A$25M2021-10Breakthrough Energy Ventures
Series A extension$65M2022-03BMW i Ventures
Series B$300M2023-02Fifth Wall and Franklin Templeton
Strategic investment—2025-03Crescent Ventures and Trousdale Ventures
Related
ExowattHaven Energy

Sources

ONE Raises $300 Million in Series B Equity, Valuing the Company at Over $1 Billion ↗Founder of battery startup Our Next Energy returns as CEO following new funding | TechCrunch ↗Battery Startup Our Next Energy (ONE) Closes Series A Led by Breakthrough Energy Ventures ↗ONE Raises Additional $65M to Expand R&D, Planning US Battery Factory ↗