Blue World Technologies

Blue World Technologies

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

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DateInvestorsAmountRound
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€11.0m

Valuation: €185m

Late VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR2019202020212022
Revenues0000000000000000
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article

More about Blue World Technologies
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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.

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Investments by Blue World Technologies

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Danish Power Systems
ACQUISITION by Blue World Technologies Jan 2021