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

Announced On
12/6/2023
Transaction Type
Venture Equity
Amount
$11,870,000
Round
Series B
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
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
Blue World Technologies LinkedIn Company Profile
Social Media
Blue World Technologies Company Twitter Account
Company News
Blue World Technologies News
Facebook
Blue World Technologies on Facebook
YouTube
Blue World Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Anders Korsgaard
  Anders Korsgaard LinkedIn Profile  Anders Korsgaard Twitter Account  Anders Korsgaard News  Anders Korsgaard on Facebook
Chief Financial Officer
Christian Jakobsen
  Christian Jakobsen LinkedIn Profile  Christian Jakobsen Twitter Account  Christian Jakobsen News  Christian Jakobsen on Facebook
Chief Technical Officer
Mads Bang
  Mads Bang LinkedIn Profile  Mads Bang Twitter Account  Mads Bang News  Mads Bang on Facebook
VP - Bus. Development
Mads Jensen
  Mads Jensen LinkedIn Profile  Mads Jensen Twitter Account  Mads Jensen News  Mads Jensen on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/6/2023: Meatiply venture capital transaction
Next: 12/6/2023: Yurts venture capital transaction

 

Share this article

 


About Database of VC Transactions

We do our best to record all VC transactions involving tech companies. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary