Blue World Technologies is an ambitious and visionary developer and manufacturer of HT-PEM fuel cell components and systems for stationary and APU applications and the automotive and heavy-duty transportation sectors around the world. The fuel cells act as a green alternative to combustion engines and diesel generators. As a part of the Power-to-X eco-system the methanol fuel cell technology contributes to solving parts of the green transition which cannot be solved by direct electrification and battery technology alone. Blue World Technologies’ fuel cells run primarily on methanol – a renewable liquid fuel that simply and cost-effectively can be stored for years and transported around the world while reusing existing infrastructure. Blue World Technologies is founded on extensive experience from the fuel cell industry and aims towards commercialising the technology through large-scale production. The company is focused on the High-Temperature PEM-technology combined with methanol-reforming. The combination ensures a simple system design with high conversion efficiency and significant benefits including CO2 reduction, fuel cost savings, and zero harmful emissions. Read more about Blue World Technologies on our website www.blue.world.
Location: Denmark, North Denmark Region, Aalborg
Employees: 51-200
Phone: +45 31 40 88 89
Total raised: $48.98M
Founded date: 2018
Funding Rounds 2
| Date | Series | Amount | Investors |
| 06.12.2023 | - | $11.88M | - |
| 29.08.2022 | Series B | $37.1M | - |
Mentions in press and media 22
| Date | Title | Description |
| 08.11.2024 | HT PEM fuel cell veteran joins Blue World Technologies | HT PEM fuel cell veteran joins Blue World Technologies Fri, Nov 08, 2024 06:00 CET Report this content With a focus on commercialising the HT PEM fuel cell technology, Blue World Technologies has recruited Morten Hougaard Sørensen as Chief ... |
| 25.06.2024 | Blue World completes successful testing of 200 kW maritime fuel cell system to run on green methanol | Blue World completes successful testing of 200 kW maritime fuel cell system to run on green methanol Tue, Jun 25, 2024 06:00 CET Report this content With a successful test of the first ever 200 kW HT PEM fuel cell system, an important miles... |
| 20.03.2024 | Maritime expert Sameer Kalra nominated to enter the Blue World Board of Directors | Maritime expert Sameer Kalra nominated to enter the Blue World Board of Directors Wed, Mar 20, 2024 06:00 CET Report this content With a strengthened focus on maritime decarbonisation, Blue World Technologies is pleased to announce that the... |
| 06.12.2023 | Blue World Technologies Raises €11M in Pre-C-Round | Blue World Technologies, an Aalborg, Denmark-based fuel cell system architecture company, raised €11M in Pre-C- funding round. The round saw participation from Maersk Growth, The Export and Investment Fund of Denmark (EIFO), Cycle Group, an... |
| 05.12.2023 | Fuel cell manufacturer Blue World Technologies closes financing round with Maersk Growth and EIFO | Fuel cell manufacturer Blue World Technologies closes financing round with Maersk Growth and EIFO Tue, Dec 05, 2023 14:30 CET Report this content Blue World Technologies is on a voyage towards supporting net-zero shipping and with Maersk’s ... |
| 05.12.2023 | Fuel cell manufacturer Blue World Technologies closes financing round with Maersk Growth and EIFO | Blue World Technologies is on a voyage towards supporting net-zero shipping and with Maersk's venture arm and EIFO participating in a financing round, the company has taken yet another step towards providing multi-megawatt fuel cell solutio... |
| 07.11.2023 | Fuel cell manufacturer Blue World Technologies in collaboration with AGCO Power on electric Fendt tractor to run on methanol | Fuel cell manufacturer Blue World Technologies in collaboration with AGCO Power on electric Fendt tractor to run on methanol Tue, Nov 07, 2023 07:00 CET Report this content Blue World Technologies and AGCO Power have developed a range exten... |
| 30.06.2023 | Torben Madsen enters the role of Chief Strategy Officer and Head of Product Office | Torben Madsen enters the role of Chief Strategy Officer and Head of Product Office Fri, Jun 30, 2023 06:00 CET Report this content Blue World Technologies has, with a strengthened focus on industrialisation and commercialisation, appointed ... |
| 25.05.2023 | Blue World Technologies gets new Chief Technology Officer with extensive industry experience | Blue World Technologies gets new Chief Technology Officer with extensive industry experience Thu, May 25, 2023 06:00 CET Report this content With a strong background, Dennis Naldal Jensen enters the position of Chief Technology Officer at B... |
| 11.05.2023 | Damen Yachting Teams up with Blue World Technologies | Damen Yachting Teams up with Blue World Technologies Thu, May 11, 2023 09:00 CET Report this content Damen Yachting and Blue World Technologies have signed a high-level strategic collaboration in the field of energy technology. This collabo... |
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