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NextPower360

Asheville, NC, United States

Energy StoragePrivate
Founded 202310-50 employees

About

Founded in 2023, NextPower360 is a private headquartered in Asheville, United States with approximately 10-50 employees specializing in Energy Storage.

NextPower360 is an innovative clean energy company pioneering a radically new class of electric generators built from electromagnetic first principles. The company's patented technology delivers ultra-high power density, black-start capability, and solid-state simplicity in a compact, scalable package. The platform is designed for AI datacenters, microgrids, and distributed energy systems without relying on rare earths. Dr. Tony Iacovelli, the founder and CTO, has spent over 20 years in renewable energy R&D and has invented an internationally patented family of fuel cells with 14 times the power density of industry standards. NextPower360's generators feature monolithic design with low parts count for long operational life, maintain 95% performance through variable loads, and achieve near 100% electro-active material utilization. The company closed a $2 million launch funding round led by Good Growth Capital.

distributed energyelectric generatorselectromagnetic technologypower densityclean energy innovation

Headquarters

Asheville, United States

Founded

2023

Employees

10-50

Company Type

Private

Funding Stage

Seed

Business Models

B2B

Value Chain

R&DManufacturingEngineering

Products

NextPower360 Electric Generator

NextPower360 Electric Motor

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