Blue World Technologies

Blue World Technologies

A fuel cell manufacturer especially in methanol fuel cells as an alternative to non-renewable fuels. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
EUR2019202020212022
Profit(1.7m)(<1m)(1.7m)(<1m)
  • Edit
DateInvestorsAmountRound

N/A

Series A
*

€7.5m

Debt
*

€37.0m

Series B
*

€11.0m

Valuation: €185m

Late VC
Total Funding$52.8m

Recent News about Blue World Technologies

Edit
More about Blue World Technologiesinfo icon
Edit

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.

Keywords: methanol fuel cells, renewable energy, automotive, heavy-duty transportation, stationary applications, CO2-neutral, OEMs, green transition, high-efficiency, liquid energy carrier.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by Blue World Technologies

Edit
Danish Power Systems
ACQUISITION by Blue World Technologies Jan 2021