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…