Tech Company Financing Transactions
Blue World Technologies Funding Round
Blue World Technologies, operating out of Aalborg Øst, raised $11.9 million in funding from Cycle Group, EIFO and Maersk Growth.
Transaction Overview
Company Name
Announced On
12/6/2023
Transaction Type
Venture Equity
Amount
$11,870,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Langerak 15A
Aalborg Øst, 9220
Denmark
Aalborg Øst, 9220
Denmark
Phone
Website
Email Address
Overview
Blue World Technologies is an ambitious and visionary developer and manufacturer of methanol fuel cells. Blue World Technologies is on a mission to bring energy-efficient and cost-effective methanol fuel cell technology to the world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anders Korsgaard
Chief Financial Officer
Christian Jakobsen
Chief Technical Officer
Mads Bang
VP - Bus. Development
Mads Jensen
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