About BluWave-ai
BluWave-ai is a company based in Ottawa (Canada) founded in 2017.. BluWave-ai has raised $17.79 million across 6 funding rounds from investors including Ontario Centre of Innovation, Poweronenergy and Capital Angel Network. BluWave-ai offers products and services including EV Everywhere, EV Fleet Orchestrator, Smart Grid Optimizer, and Energy Storage Autopilot. BluWave-ai operates in a competitive market with competitors including Landis+Gyr, Tibber, Span.IO, Franklin Energy and Voltus, among others.
- Headquarter Ottawa, Canada
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Sectors
TechnologyEnergy & Utilities Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Bluwave Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.79 M (USD)
in 6 rounds
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Latest Funding Round
$9.5 M (USD), Series A
Dec 15, 2022
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Investors
Ontario Centre of Innovation
& 5 more
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Employee Count
Employee Count
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Products & Services of BluWave-ai
BluWave-ai offers a comprehensive portfolio of products and services, including EV Everywhere, EV Fleet Orchestrator, Smart Grid Optimizer, and Energy Storage Autopilot. 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.
Platform for integrating and optimizing electric vehicles in energy systems
Software for managing and coordinating EV fleets efficiently
Tool for enhancing smart grid performance and energy distribution
System for automated control of energy storage solutions
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Funding Insights of BluWave-ai
BluWave-ai has successfully raised a total of $17.79M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $9.5 million completed in December 2022. 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 6
- Last Round Series A — $9.5M
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First Round
First Round
(27 Nov 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2022 | Amount | Series A - BluWave-ai | Valuation | Poweronenergy , Capital Angels Network |
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| Nov, 2022 | Amount | Debt – Conventional - BluWave-ai | Valuation |
investors |
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| Apr, 2022 | Amount | Series A - BluWave-ai | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 BluWave-ai
BluWave-ai has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Ontario Centre of Innovation, Poweronenergy and Capital Angel Network. 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 investment and mentorship are provided to Canadian startups.
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Founded Year | Domain | Location | |
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Venture capital firm focused on investing in clean tech sectors
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Founded Year | Domain | Location | |
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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 BluWave-ai
| 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 - BluWave-ai
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Bluwave-Ai Comparisons
Competitors of BluWave-ai
BluWave-ai 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 Landis+Gyr, Tibber, Span.IO, Franklin Energy and Voltus, 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 |
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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Provider of solutions for energy monitoring for residential building
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Smart panels for home energy management are provided by Span.IO.
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Energy efficiency programs are designed for utilities and municipalities.
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Provider of demand response solutions for industrial and commercial applications
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| domain | founded_year | HQ Location |
AI-driven energy monitoring via sensors and mobile apps is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Bluwave-Ai
Frequently Asked Questions about BluWave-ai
When was BluWave-ai founded?
BluWave-ai was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is BluWave-ai located?
BluWave-ai is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Is BluWave-ai a funded company?
BluWave-ai is a funded company, having raised a total of $17.79M across 6 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Nov 27, 2018.
What does BluWave-ai do?
Provider of an AI-based SaaS platform for distributed energy resources. The software-based solution offered applies artificial intelligence to the big computing problem, providing data on demand predictions, changing electricity consumption and generation patterns on a real-time basis. The portfolio includes two vertical stack products - one which runs on AI model inference on local data, and another which runs on machine learning in the private or public cloud ingesting data from the edge.
Who are the top competitors of BluWave-ai?
BluWave-ai's top competitors include Landis+Gyr, Span.IO and Voltus.
What products or services does BluWave-ai offer?
BluWave-ai offers EV Everywhere, EV Fleet Orchestrator, Smart Grid Optimizer, and Energy Storage Autopilot.
Who are BluWave-ai's investors?
BluWave-ai has 6 investors. Key investors include Ontario Centre of Innovation, Poweronenergy, Capital Angel Network, FedDev Ontario, and Sustainable Development Technology Canada.
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