When was Next Energy Technologies founded?

Next Energy Technologies was founded in 2010 and raised its 1st funding round 2 years after it was founded.

Where is Next Energy Technologies located?

Next Energy Technologies is headquartered in Santa Barbara, United States. It is registered at Santa Barbara, California.

How many employees does Next Energy Technologies have?

As of Apr 30, 2026, the latest employee count at Next Energy Technologies is 28.

Is Next Energy Technologies a funded company?

Next Energy Technologies is a funded company, having raised a total of $38.9M across 17 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Jan 31, 2012.

When was the latest funding round of Next Energy Technologies?

Next Energy Technologies' latest funding was a $***** Series C round on Feb 01, 2024, with participation from 0 investor. Its primary sector is Chemicals Tech. In United States, the Chemicals Tech sector has seen $132M in funding in 2026 to date.

Where does Next Energy Technologies rank among its competitors?

Next Energy Technologies ranks 1st amongst 3 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Next Energy Technologies, which secured $10.6M in Feb, 2024.

Next Energy Technologies - 2026 Company Profile, Funding & Competitors

Next Energy Technologies is a series C company based in Santa Barbara (United States), founded in 2010. It operates as a Manufacturer of coatings for solar power generation. Next Energy Technologies has raised $38.9M in funding from Blue Square. The company has 3 active competitors, including 2 that are funded. Its top competitors are Ubiquitous Energy and Solar Art.

Company Details

Manufacturer of coatings for solar power generation. It uses soluble small molecule organic photovoltaic technology developed by the company to make organic semiconducting inks. The ink is printed or coated to make transparent solar cells that are lightweight and flexible. The product is used as transparent energy harvesting coatings for windows and glass panes.

Website: www.nextenergytech.com/
Registered Address: Santa Barbara, California

Key Metrics

Founded Year

2010

Location

Santa Barbara, United States

Stage

Series C

Total Funding

$38.9M in 17 rounds

Latest Funding Round

Series C, Feb 01, 2024, $*****

Investors

Blue Square & 9 more

Ranked

1^st among 3 active competitors

Employee Count

28 as on Apr 30, 2026

Similar Companies

Ubiquitous Energy & 1 more

View Next Energy Technologies' full profile

Next Energy Technologies is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Next Energy Technologies Inc CIN: 27-2894903 , United States, Active	Dec 31, 2010	-	26 (As on Dec 31, 2021)	-
NEXT ENERGY TECHNOLOGIES INC. CIN: 272894903 , United States, Active	Jun 17, 2010	-	31 (As on Dec 31, 2024)	-

Next Energy Technologies has raised a total funding of $38.9M over 17 rounds. Its first funding round was on Jan 31, 2012. Next Energy Technologies has 10 institutional investors.

Here is the list of recent funding rounds of Next Energy Technologies:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 01, 2024	1853148	Series C	1526168	3372965	2892309	4112444
Apr 12, 2023	2285500	Grant (prize money)	1319442	9988039	2975270	State of California
Aug 19, 2021	3324440	Grant (prize money)	2328369	2817105	3553381	State of California

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View details of Next Energy Technologies's funding rounds and investors

Next Energy Technologies' employee count trend

Next Energy Technologies has 28 employees as of Apr 26. Here is Next Energy Technologies's employee count trend over the years:

Employee count trend for Next Energy Technologies

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Top competitors of Next Energy Technologies include Ubiquitous Energy and Solar Art. Here is the list of Top 10 competitors of Next Energy Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Next Energy Technologies 2010, Santa Barbara (United States), Series C	Manufacturer of coatings for solar power generation	$38.9M	DOE, State of California & 8 others	56/100
2nd	Ubiquitous Energy 2011, Redwood City (United States), Series B	Developer of transparent solar coating for power generation in windows	$70M	Hostplus, ENEOS Group & 9 others	50/100
3rd	Solar Art 1984, Laguna Hills (United States), Unfunded	Nationwide window film provider enhancing comfort, security, and aesthetics	-	-	26/100