Tech Company Financing Transactions

BluWave-ai Funding Round

On 3/20/2020, BluWave-ai announced $3.9 million in Seed financing from Sustainable Development Technology Canada and private investors.

Transaction Overview

Company Name
Announced On
3/20/2020
Transaction Type
Venture Equity
Amount
$3,900,000
Round
Seed
Proceeds Purpose
The funds raised will drive the company's penetration further into the international smart grid and renewable energy markets, build its patent portfolio, and enable its 2020 commercialization roadmap of multiple product releases.

Company Information

Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
62 Steacie Dr. 102
Ottawa on, K2K 2A9
Canada
Phone
Undisclosed
Email Address
Overview
BluWave-ai seeks to realize a world powered by renewable energy. We are committed to accelerating the adoption and use of renewable energy sources like wind and solar across communities and corporations to realize the Utility of the Future. To achieve this, we use artificial intelligence (AI) and big data analytics.
Profile
BluWave-ai LinkedIn Company Profile
Social Media
BluWave-ai Company Twitter Account
Company News
BluWave-ai News
Facebook
BluWave-ai on Facebook
YouTube
BluWave-ai on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Devashish Paul
  Devashish Paul LinkedIn Profile  Devashish Paul Twitter Account  Devashish Paul News  Devashish Paul on Facebook
VP - Engineering
Mostafa Farrokhabadi
  Mostafa Farrokhabadi LinkedIn Profile  Mostafa Farrokhabadi Twitter Account  Mostafa Farrokhabadi News  Mostafa Farrokhabadi on Facebook
VP - Engineering
Hubert Sugeng
  Hubert Sugeng LinkedIn Profile  Hubert Sugeng Twitter Account  Hubert Sugeng News  Hubert Sugeng on Facebook
VP - Product Management
Craig Downing
  Craig Downing LinkedIn Profile  Craig Downing Twitter Account  Craig Downing News  Craig Downing on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/19/2020: Boro venture capital transaction
Next: 3/20/2020: Ada Support venture capital transaction

 

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Where The Data Comes From

Our team works diligently to record tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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