Denmark · Semiconductors startup

Blue World Technologies

Blue World Technologies is a developer and manufacturer of high-efficiency methanol fuel cell components and systems.

Funding reportedLast round: Venture (Round not Specified)

SemiconductorsAalborg, Denmark

About Blue World Technologies

Blue World Technologies is a developer and manufacturer of high-efficiency methanol fuel cell components and systems.

Founded in October 2018 and headquartered in Aalborg, Denmark, the company focuses on providing a green alternative to combustion engines and diesel generators, particularly for hard-to-abate sectors. With a team of approximately 100–120 employees, including over 10 PhDs, Blue World operates the "Blue Aalborg Factory," which produces 15 MW of fuel cell stacks annually. The company specializes in modular fuel cell systems that convert methanol into electricity with high efficiency, achieving electrical efficiencies up to 65%. Their products include fuel cell systems suitable for various applications, such as maritime propulsion, heavy-duty transportation, and stationary power generation. Blue World Technologies aims to support the green transition by offering renewable methanol as a scalable fuel, enabling significant fuel savings and carbon capture for sustainable operations.

What company datasets say Blue World Technologies raised

Funding, as reported

Reported in all92.4Min the source's currency
Rounds5
Last roundVenture (Round not Specified)
Last round size12.1M
Last round dateDec 2023
Investors listed5

Founders and team

From Blue World Technologies's own website: 1 founder, 4 on the team.

Anders KorsgaardChief Executive Officer and Co-founder
  • Christian Peter Schou JakobsenChief Financial Officer
  • Morten Hougaard SørensenChief Technology Officer
  • Christian Schou JacobsenBoard member
  • Johan NielsenBoard member

The company, in detail

What they build

Known for

hardwareco2 reductionclean energy & technologyhtpemtransportation_logisticssustainable energydistributionmanufacturingindustrial productionenergy storagestationary powerfuel cell technologyenvironmental servicesdecarbonizationoil & energymarine applications

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Sector
Semiconductors
Industry code
NAICS 33661, 334419, SIC 3621
Region
North Denmark Region
Revenue
9.6M a year, as listed

Semiconductors in Denmark

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