Our Next Energy
Novi, United States · Founded 2020 · $325.0M raised
- Headquarters
- Novi, Michigan
- Employees
- 201–500
- Founded
- 2020
- Business Model
- B2B
- Website
- one.ai
- Total Funding
- $325.0M
- Last Round
- $300.0M Venture RoundMar 2025
- Rounds
- 3
About
Our Next Energy (ONE) is a Michigan-based energy storage company founded in 2020 with a mission to accelerate the global transition to sustainable power. ONE develops high-energy-density lithium iron phosphate (LFP) battery cells for electric vehicles and grid storage applications. The company Aries product line includes Aries Grid for utility-scale storage and Aries LFP for EV applications, with HQ and manufacturing in Novi, Michigan.
Summary
Our Next Energy is a Climate Tech company based in Novi, United States, founded in 2020. It has raised $325.0M in total across 3 rounds, most recently a $300.0M Venture Round round in Mar 2025. Investors include Trousdale Ventures, Crescent Capital Partners and Fifth Wall.
Tech & App Stack
5 technologies & apps tracked
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Funding History
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Mar 2025
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Series A through Venture Round — per-round amounts, valuations, and who invested in each round.
Investors
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