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Blue World Technologies
A fuel cell manufacturer especially in methanol fuel cells as an alternative to non-renewable fuels
About Blue World Technologies
Blue World Technologies is a developer and manufacturer of methanol fuel cells aimed at accelerating the green transition by enabling the use of renewable methanol. The company serves clients in the automotive, heavy-duty transportation, and stationary applications sectors. Operating in the renewable energy market, Blue World Technologies focuses on producing high-efficiency fuel cells that act as green alternatives to traditional combustion engines and diesel generators. The business model revolves around the development, production, and integration of methanol fuel cells, which are sold to original equipment manufacturers (OEMs) and other customers. Revenue is generated through the sale of these fuel cells and related components. Methanol, a liquid energy carrier that can be produced from renewable sources, allows for CO2-neutral operations and can be stored and transported easily using existing global infrastructure. This eliminates the need for massive investments in new infrastructure, making it a cost-effective and scalable solution for green energy.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Aalborg, Denmark
- Employees
- 49
- Open positions
- None listed
- Dealroom signal
- 64.1/100
- Industry
- Energy, Transportation
- Sub-industry
- Vehicle Production
- Sector
- Transportation, Sustainable Development Goals, Climate Tech, Nordic Rising Star 2022, Top 50 Nordic Rising Star 2022 Denmark, Blue Economy, Marine Transportation, Fuel Cell, Hard Tech, Shipbuilding and Refit, Horizon Europe
- Business model
- Manufacturing
- Investment activity
- 1 company, latest Jan 2021
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Dec 2023 | $12M | $204M | Maersk Growth · Cycle Group · Export and Investment Fund of Denmark | ↗ |
| SERIES BOther financing | Aug 2022 | $41M | $163M | DEUTZ · Breakthrough Energy Ventures | ↗ |
Growth signals
Latest recorded traffic for Blue World Technologies is 1.8K monthly website visits, down 51.4% over the last three months. Blue World Technologies's team grew 2.1% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
AIWAYS
DEUTZ
Breakthrough Energy Ventures
Series B and later4 investors entered at this stage
Denmark's Green Investment Fund
Maersk Growth
Cycle Group
Export and Investment Fund of Denmark
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Blue World Technologies on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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