About Blue World Technologies
Blue World Technologies is a company based in Aalborg (Denmark) founded in 2018. Blue World Technologies has raised $73.61 million across 8 funding rounds from investors including European Union, DEUTZ and Danmarks Eksport og Investeringsfond. The company has 48 employees as of December 31, 2021. Blue World Technologies has completed 1 acquisition, including Danish Power Systems. Blue World Technologies operates in a competitive market with competitors including Plug Power, Bloom Energy, FuelCell Energy, Elcogen and Intelligent Energy, among others.
- Headquarter Aalborg, Denmark
- Employees 48 as on 31 Dec, 2021
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
$170.52 K (USD)-32as on Dec 31, 2022
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EBITDA
$170.46 K (USD)-32as on Dec 31, 2022
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Total Equity Funding
$73.61 M (USD)
in 8 rounds
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Latest Funding Round
$11.9 M (USD), Series B
Dec 06, 2023
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Investors
European Union
& 7 more
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Employee Count
48
as on Dec 31, 2021
- Investments & Acquisitions
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People of Blue World Technologies
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Funding Insights of Blue World Technologies
Blue World Technologies has successfully raised a total of $73.61M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $11.9 million completed in December 2023. 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.
Investors in Blue World Technologies
Blue World Technologies has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, DEUTZ and Danmarks Eksport og Investeringsfond.
| Investor | Description | Founded Year | Domain | Location |
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Provider of capital investments into climate and environmental impact technology companies
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Locked | Locked | Locked | |
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VC fund focused on early stage trade & logistics sectors
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Locked | Locked | Locked | |
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Climate solutions are advanced via venture capital and startup acceleration.
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Locked | Locked | Locked |
Investor details for Blue World Technologies
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Investments & Acquisitions by Blue World Technologies
Blue World Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Danish Power Systems.
Investment portfolio details for Blue World Technologies
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Manufactures membrane electrode assembly
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Locked | Locked | 1994 | Locked |
Complete acquisition details for Blue World Technologies
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Financial Statements - Blue World Technologies
Detailed financials for Blue World Technologies
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Blue World Technologies Comparisons
Peer comparison for Blue World Technologies
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Competitors of Blue World Technologies
Blue World Technologies 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 Plug Power, Bloom Energy, FuelCell Energy, Elcogen and Intelligent Energy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Hydrogen-based fuel cells are manufactured for power applications.
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Provider of solid oxide fuel cell technology
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Online platform offering fuel cell-based solutions
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SOFC single cells and stacks are developed and manufactured.
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PEM fuel cell and CHP power systems developer
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Detailed competitors of Blue World Technologies
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Latest news on Blue World Technologies
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Frequently Asked Questions about Blue World Technologies
Blue World Technologies was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Blue World Technologies is headquartered in Aalborg, Denmark.
Blue World Technologies is a funded company, having raised a total of $73.61M across 8 funding rounds to date.
As of Dec 31, 2021, the latest employee count at Blue World Technologies is 48.
Blue World Technologies was founded in 2018 in Aalborg, Denmark, focusing on the clean energy sector. Methanol fuel cells are developed through high-temperature PEM technology integrated with methanol-reforming processes. These systems are designed for applications in passenger vehicles, taxis, and material handling equipment. Drivetrain solutions are provided by combining the fuel cell with plug-in battery hybrids to manage power and range requirements. Operations emphasize efficiency in conversion and refueling.
Blue World Technologies's top competitors include Bloom Energy, Plug Power and Intelligent Energy.
Blue World Technologies has made 1 acquisition, including Danish Power Systems.
Blue World Technologies has 8 investors. Key investors include European Union, DEUTZ, Danmarks Eksport og Investeringsfond, Cycle Group, and Maersk Growth.
The valuation of Blue World Technologies is $856.16K as of Apr 2020.