How Much Did BluWave-ai Raise?
Funding & Key Investors

BluWave-ai has secured significant capital, with its total funding reaching $13.4M following a recent major strategic investment of $9.5M. This latest financing round, dated February 14, 2023, marks a pivotal moment for the artificial intelligence solutions provider focused on the clean energy sector.

What is BluWave-ai?

BluWave-ai
SoftwareEngineering SoftwareBusiness Intelligence (BI) Software

BluWave-ai specializes in artificial intelligence solutions tailored for the clean energy industry. The company offers a suite of products including the Smart Grid Optimizer, Data Center Autopilot, Energy Storage Autopilot, and EV Fleet Orchestrator. These advanced technologies are designed to serve a broad spectrum of clients, encompassing grid operators, utilities, distribution system operators, grid-tied enterprises, EV fleet operations, off-grid microgrids, and renewable energy generators. BluWave-ai's mission is to drive energy efficiency and accelerate the global energy transition through its innovative technological offerings.

How much funding has BluWave-ai raised?

BluWave-ai has raised a total of $13.4M across 2 funding rounds:

2020

Angel/Seed

$3.9M

2023

Series A

$9.5M

Angel/Seed (2020): $3.9M with participation from Sustainable Development Technology Canada

Series A (2023): $9.5M led by Capital Angels Network and PowerON Energy Solutions

Key Investors in BluWave-ai

Sustainable Development Technology Canada

Sustainable Development Technology Canada (SDTC) is a foundation based out of Ontario, Canada. They currently help Canadian entrepreneurs accelerate the development and deployment of globally clean technology solutions.

Capital Angels Network

Undisclosed investor participating in the funding round.

PowerON Energy Solutions

Undisclosed investor participating in the funding round.

What's next for BluWave-ai?

The recent major strategic investment, classified as a Series A round, signals BluWave-ai's transition into a scaling phase. This capital infusion is expected to fuel the company's expansion, enhance its product development, and broaden its market reach within the critical clean energy and grid optimization sectors. The company's focus on AI-driven solutions for energy efficiency positions it to capitalize on the growing demand for sustainable energy management and the global energy transition.

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Frequently Asked Questions Regarding BluWave-ai Financial Insights

What are the most recent funding rounds that BluWave-ai has completed, and what were the funding rounds?
BluWave-ai has recently completed 2 funding rounds: Series A on Feb 14, 2023, Angel/Seed on Mar 18, 2020.
What is the total amount of funding BluWave-ai has raised to date?
BluWave-ai has raised a total of $13.4M in funding to date.
How many funding rounds has BluWave-ai completed?
BluWave-ai has completed 2 funding rounds.
How much funding did BluWave-ai raise in its most recent funding round?
BluWave-ai raised $9.5M in its most recent funding round.
Who are the lead investors in BluWave-ai's latest funding round?
The lead investor in BluWave-ai's latest funding round was Capital Angels Network. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in BluWave-ai's history?
The largest funding round in BluWave-ai's history was $9.5M.
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