About Danish Power Systems
Danish Power Systems is an Energy & Utilities company based in Lyngby (Denmark) founded in 1994, and was acquired by Blue World Technologies in December 2020. It manufactures membrane electrode assembly. The company has 15 employees. Its focus areas include Energy Tech, Energy Storage Tech, Fuel Cell and Components. Its legal entity is DANISH POWER SYSTEMS APS.
Company details
Danish Power Systems was established in 1994 in Lyngby, Denmark, within the fuel cell sector. Membrane Electrode Assemblies, key components for PEM fuel cells, are produced in different sizes. Consultancy services are offered in the associated field. Two projects have been completed, while twelve additional projects remain in development.
- Headquarters Lyngby, Denmark
- Employees 15
- Stage Acquired
- SectorsEnergy & Utilities
- Website daposy.com
- Social LinkedIn
- Acquired by Blue World Technologies (Dec 2020)
- Legal Name Danish Power Systems Aps
- Net Profit$35.86 K (USD)121as on Dec 31, 2019
- Latest Funding Round$415.82K (USD), Grant
Apr 2020
- InvestorsBlue World Technologies
& 2 more
- Employee Count15
- Acquired byBlue World Technologies
(Dec 2020)
Funding Insights of Danish Power Systems
- Total Rounds 4
- Last Round Grant — $415,819
- First Round $411,462
(May 2015)
- Investors Count 3
All 4 funding rounds of Danish Power Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2020 | $415,819 | Grant | – | – | |
| Aug 2019 | Unspecified | – | Blue World Technologies | – | |
| Oct 2017 | $2.67M | Grant | – | – | |
| May 2015 | $411,462 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Danish Power Systems
Danish Power Systems has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Blue World Technologies, European Union and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Methanol-based fuel cells are developed using high-temperature PEM technology. | 2018 | blue.world | Aalborg, Denmark |
Investor details for Danish Power Systems
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Timeline of Danish Power Systems
4 dated milestones of Danish Power Systems across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Danish Power Systems is founded.
- Funding First funding round of $411K.
- Funding Latest funding round, Grant, of $416K.
- Exit Acquired by Blue World Technologies.
Web traffic of Danish Power Systems
The website of Danish Power Systems (daposy.com) receives about 5.5K visits a month.
- Monthly visits5.5K
▲ 67.6% vs previous month
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Frequently Asked Questions about Danish Power Systems
Danish Power Systems was founded in 1994 and raised its 1st funding round 21 years after it was founded.
Danish Power Systems is headquartered in Lyngby, Denmark. It is registered at Lyngby, Region Hovedstaden, Denmark.
Danish Power Systems has 15 employees.
Danish Power Systems was established in 1994 in Lyngby, Denmark, within the fuel cell sector. Membrane Electrode Assemblies, key components for PEM fuel cells, are produced in different sizes. Consultancy services are offered in the associated field. Two projects have been completed, while twelve additional projects remain in development.
Danish Power Systems has 3 investors. Key investors include Blue World Technologies, European Union, and EIC Fund.
Danish Power Systems operates through Danish Power Systems Aps.
Yes. Danish Power Systems was acquired by Blue World Technologies in December 2020.