https://techcrunch.com/2023/02/01/battery-darling-our-next-energy-lands-massive-300m-series-b-to-build-gigafactory/

Battery startup Our Next Energy announced this morning that it closed a massive $300 million Series B in an effort to get its $1.6 billion gigafactory up and running.

The new round values the company at $1.2 billion post-money, marking a stunning rise for the two-and-a-half-year-old company, which closed a $25 million Series A in October 2021 and a $65 million Series A1 in March 2022.