Battery startup Our Next Energy replaces founder with new CEO amid cash crunch

Mujeeb Ijaz_may 2023_i.jpg — Our Next Energy founder and CEO Mujeeb Ijaz says he stepped aside from the top executive role. (Nic Antaya \/Crain’s Detroit Business)

By:

GABRIELLE COPPOLA

By:

Bloomberg News

December 10, 2023 09:08 PM

Our Next Energy Inc., a battery startup that hopes to rival China with vital energy storage technology, has replaced founder and CEO Mujeeb Ijaz as it faces a failed funding round and cash crunch.

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