About Blue Energy
Blue Energy is a company based in Edinburgh (United Kingdom) founded in 2023 by Matt Slotkin and Jake Jurewicz. It operates as a Product-as-a-Service. Blue Energy has raised $45 million across 1 funding round from investors including Engine Ventures, At One Ventures and Angular Ventures. The company has 15 employees as of December 31, 2022. Blue Energy offers products and services including Modular Power Plants. Blue Energy operates in a competitive market with competitors including Bruce Power and NuGen, among others.
- Headquarter Edinburgh, United Kingdom
- Employees 15 as on 31 Dec, 2022
- Founders Matt Slotkin, Jake Jurewicz
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Blue Energy Global
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45 M (USD)
in 1 rounds
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Latest Funding Round
$45 M (USD), Series A
Oct 08, 2024
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Investors
Engine Ventures
& 6 more
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Employee Count
15
as on Dec 31, 2022
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Products & Services of Blue Energy
Blue Energy offers a comprehensive portfolio of products and services, including Modular Power Plants. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Modular nuclear power plants are designed for efficiency.
Funding Insights of Blue Energy
Blue Energy has successfully raised a total of $45M through 1 strategic funding round. The most recent funding activity was a Series A round of $45 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $45.0M
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First Round
First Round
(08 Oct 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series A - Blue Energy | Valuation | Engine Ventures , At One Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Blue Energy
Blue Energy has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Engine Ventures, At One Ventures and Angular Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage technology startups are funded by Engine Ventures venture capital.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital firm focused on deep tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Blue Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Blue Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blue Energy Comparisons
Competitors of Blue Energy
Blue Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bruce Power and NuGen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Nuclear power generator
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| domain | founded_year | HQ Location |
Independent power producer in the domain of Nuclear Energy
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Blue Energy
Frequently Asked Questions about Blue Energy
When was Blue Energy founded?
Blue Energy was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Blue Energy located?
Blue Energy is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
Who is the current CEO of Blue Energy?
Jake Jurewicz is the current CEO of Blue Energy. They have also founded this company.
Is Blue Energy a funded company?
Blue Energy is a funded company, having raised a total of $45M across 1 funding round to date. The company's 1st funding round was a Series A of $45M, raised on Oct 08, 2024.
How many employees does Blue Energy have?
As of Dec 31, 2022, the latest employee count at Blue Energy is 15.
What does Blue Energy do?
Blue Energy is engaged in the development of modular nuclear power plants using shipyard manufacturing to reduce costs and build times. The company targets the non-reactor components, which account for 93 of traditional nuclear plant costs, by leveraging centralized manufacturing and scalable designs. Solutions are provided for industries seeking firm, dispatchable nuclear energy through risk-managed power purchase agreements, with no upfront capital required from customers. Operations span the energy sector, specifically nuclear power, with an emphasis on safety, mass production, and expandable deployments.
Who are the top competitors of Blue Energy?
Blue Energy's top competitors include Bruce Power and NuGen.
What products or services does Blue Energy offer?
Blue Energy offers Modular Power Plants.
Who are Blue Energy's investors?
Blue Energy has 7 investors. Key investors include Engine Ventures, At One Ventures, Angular Ventures, Tamarack Global, and Propeller.