Founder of battery startup Our Next Energy returns as CEO following new funding

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Just over a year after being replaced as CEO of the battery startup Our Next Energy (ONE), Mujeeb Ijaz is back at the helm. Alongside this news, the company announced the close of a new funding round led by Crescent Ventures and Trousdale Ventures.

ONE did not release any details about the round’s size, nor did it reply to a request for comment by the time of publication.

As for the leadership shakeup, Ijaz first stepped aside in December 2023, taking the title of CTO, after the startup struggled to raise a Series C. He was then replaced…



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Founder of battery startup Our Next Energy returns as CEO following new funding


Just over a year after being replaced as CEO of the battery startup Our Next Energy (ONE), Mujeeb Ijaz is back at the helm. Alongside this news, the company announced the close of a new funding round led by Crescent Ventures and Trousdale Ventures.

ONE did not release any details about the round’s size, nor did it reply to a request for comment by the time of publication.

As for the leadership shakeup, Ijaz first stepped aside in December 2023, taking the title of CTO, after the startup struggled to raise a Series C. He was then replaced…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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