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Blue World Technologies

Developer and manufacturer of methanol fuel cells as an alternative to non-renewable fuels

Blue World Technologies has raised €48M across 2 funding rounds from 7 investors, most recently a Series C round in Dec 2023. Based in Aalborg, Denmark; active in Energy. Data as of 28 Oct 2026.

Aalborg, Denmarkwww.blue.world ↗
Energy
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Total raised
€48M
€48,000,000
Funding rounds
2
Investors
7
distinct backers
Active since
2022-08
latest 2023-12

Funding by year

EUR raised per year
Blue World Technologies — funding by year — interactive chart.
Data table
Blue World Technologies — funding by year
2022€37M
2023€11M

Signals

High confidence
Raise-next likelihood8
base rate 50% for Series C
  • ▼ Past typical raise window
  • ▼ Down/flat last round
  • ▼ Low backer re-investment
Exit likelihood10
base rate 11% (2+ rounds)
  • ▲ €30M+ raised
  • ▼ No recent equity round (debt-only or quiet)

Timing: overdue vs cohort gap · momentum down. Funding-only estimates, not predictions and not investment advice — see signals.

Funding rounds

2 rounds
DateStageAmountInvestors
2023-12-06Series C€11MExisting Shareholders,Export and Investment Fund of Denmark (EIFO),Maersk Growth,VC Cycle GroupView deal →
2022-08-31Series B€37MBreakthrough Energy Ventures (BEV),DEUTZ AG,VækstfondenView deal →

Investors

7
Breakthrough Energy Ventures (BEV)DEUTZ AGExisting ShareholdersExport and Investment Fund of Denmark (EIFO)Maersk GrowthVækstfondenVC Cycle Group

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