Don't Just Read the News, Understand It.
Published loading...Updated

Struggling Our Next Energy taps consultant to help battery maker raise funds

Summary by Automotive News
Electric vehicle battery startup Our Next Energy Inc. hired a Chicago-based financial consultant specializing in distressed businesses in its quest to rebound from a failed Series C fundraising round. The suburban Detroit battery manufacturer recently tapped Birch Lake Partners, a merchant bank known for its work with struggling startups, two sources with knowledge of the matter told Crain’s Detroit Business, an affiliate of Automotive News. The…

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Automotive News broke the news in United States on Friday, May 10, 2024.
Sources are mostly out of (0)