NextPower360
Asheville, US · Founded 2022 · Delaware corporation · 2 known investors
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NextPower360 develops renewable energy technology, with a focus on advanced energy systems engineering informed by interdisciplinary science.
Founders & leadership
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Benedetto A. IacovelliExecutive
MS

Michael ShoreChief Executive Officer2022–2024Michael Shore is an executive officer and director at NextPower360, which develops renewable energy technology and advanced energy systems engineering.
DT
Dr. Tony IacovelliMD, Head of Technical Development
Board
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Thomas B. JonesBoard director
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Investors · 2
Arieal Southeast Angel Partnerslisted by Arieal Southeast Angel PartnersSavannah · $100K – $2M
How we know: Arieal Southeast Angel Partners's portfolio page · Not right? Tell us
Good Growth Capitallisted by Good Growth CapitalCharleston
How we know: Good Growth Capital's portfolio page · funding news · the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$1M disclosed across 1 round · 2023
▶$1MraisedJul 2024 · 15 investors · OtherRule 506(b)
▶$1MraisedJul 2024 · 15 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Thomas B. JonesDirector
- Benedetto A. IacovelliExecutive Officer, Director
- John OsborneDirector
- Michael ShoreExecutive Officer, Director
- Offering amount
- $1.9M
- Amount sold
- $1M
- Minimum investment
- $9K
- First sale
- Dec 2023
- Incorporated
- Corporation, Delaware, 2022
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does NextPower360 do?
- NextPower360 develops renewable energy technology, with a focus on advanced energy systems engineering informed by interdisciplinary science.
- Who are NextPower360's investors?
- NextPower360's investors include Arieal Southeast Angel Partners, Good Growth Capital.
- How much funding has NextPower360 raised?
- NextPower360 has disclosed $1M raised across 1 round.
- Where is NextPower360 headquartered?
- NextPower360 is headquartered in Asheville, US.

