Blue World Technologies

The next generation of high-efficient methanol fuel cell solutions

General Information
Company Name
Blue World Technologies
Founded Year
2018
Location (Offices)
Denmark +1
Founders / Decision Makers
Number of Employees
86
Industries
Manufacturing, Renewable Energy, Oil and Gas
Funding Stage
Series C
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Blue World Technologies - Company Profile

Blue World Technologies is a Danish startup founded in 2018, specializing in the development and manufacturing of HT-PEM fuel cell components and systems. The company's focus on stationary and on- and off-road applications, as well as the maritime industry, positions it as a visionary player in the renewable energy and manufacturing sectors. Blue World Technologies' fuel cells, running primarily on methanol, offer a green alternative to combustion engines and diesel generators, contributing to the green transition. The recent €11.00M Series C investment on 05 December 2023 from investors including Export and Investment Fund, Maersk Growth, and Cycle Group reflects growing interest and confidence in the company's innovative methanol fuel cell technology. With a focus on High-Temperature PEM technology combined with methanol-reforming, Blue World Technologies aims to achieve large-scale production and commercialization, presenting significant environmental and economic benefits. For those interested, further details about the company are available on their website www.blue.world.

Taxonomy: fuel cell technology, methanol fuel cells, green energy, CO2 reduction, HT-PEM, high-temperature PEM, stationary applications, automotive, heavy-duty transportation, methanol reforming, energy storage, emissions reduction

Funding Rounds & Investors of Blue World Technologies (6)

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Funding Stage Amount No. Investors Investors Date
Series C €11.00M 3 Maersk Growth, Cycle Group 05 Dec 2023
Series B €37.00M 3 DEUTZ AG 30 Aug 2022
Series A €15.00M 2 DEUTZ AG 15 Dec 2021
Seed Round €6.40M 1 01 Jan 2021
Seed Round €6.40M 2 Cycle Group 17 Dec 2020

View All 6 Funding Rounds

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