one.aiEnergy / Energy StorageFounded: 2020Funding to Date: $338.16MM
Our Next Energy (ONE) is a technology company which offers energy storage solutions to automotive and renewable energy industries. Focusing on developing long-range battery technologies for electric vehicles and sustainable energy storage, ONE aims to create more efficient and affordable battery solutions. The company strives to accelerate the adoption of electric vehicles and renewable energy sources. This company was founded by Mujeeb Ijaz in 2020 and is headquartered in Novi, MI.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/01/2023 | Series B-1 | $99.94MM | $xx.xx | $1.2B | Fifth Wall, Franklin Templeton | |
Price per Share
$xx.xx
Shares Outstanding
8,001,565
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fifth Wall, Franklin Templeton
|
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02/01/2023 | Series B-2 | $150MM | $xx.xx | $1.2B | Fifth Wall, Franklin Templeton | |
Price per Share
$xx.xx
Shares Outstanding
10,918,063
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fifth Wall, Franklin Templeton
|
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03/01/2022 | Series B-3 | $62.62MM | $xx.xx | $588.4MM | Assembly Ventures, Bmw I Ventures, Breakthrough Energy Ventures, Flex, Volta Energy Technologies | |
Price per Share
$xx.xx
Shares Outstanding
6,267,508
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Assembly Ventures, Bmw I Ventures, Breakthrough Energy Ventures, Flex, Volta Energy Technologies
|
||||||
10/18/2021 | Series A-2 | $549,846.19 | $xx.xx | $74.15MM | Assembly Ventures, Bmw I Ventures, Breakthrough Energy Ventures, Flex, Volta Energy Technologies | |
Price per Share
$xx.xx
Shares Outstanding
1,789,165
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Assembly Ventures, Bmw I Ventures, Breakthrough Energy Ventures, Flex, Volta Energy Technologies
|
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10/18/2021 | Series A-3 | $1.25MM | $xx.xx | $74.15MM | Assembly Ventures, Bmw I Ventures, Breakthrough Energy Ventures, Flex, Volta Energy Technologies | |
Price per Share
$xx.xx
Shares Outstanding
2,593,795
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Assembly Ventures, Bmw I Ventures, Breakthrough Energy Ventures, Flex, Volta Energy Technologies
|
||||||
10/18/2021 | Series A-4 | $999,999.47 | $xx.xx | $74.15MM | Assembly Ventures, Bmw I Ventures, Breakthrough Energy Ventures, Flex, Volta Energy Technologies | |
Price per Share
$xx.xx
Shares Outstanding
976,810
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Assembly Ventures, Bmw I Ventures, Breakthrough Energy Ventures, Flex, Volta Energy Technologies
|
||||||
10/18/2021 | Series A-1 | $22.8MM | $xx.xx | $74.15MM | Assembly Ventures, Bmw I Ventures, Breakthrough Energy Ventures, Flex, Volta Energy Technologies | |
Price per Share
$xx.xx
Shares Outstanding
17,816,945
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Assembly Ventures, Bmw I Ventures, Breakthrough Energy Ventures, Flex, Volta Energy Technologies
|