Artificial Intelligence | Robotics and Control | Machine Learning BluWave-ai | AI for Clean Energy


Renewable & Environments, Renewable Energy, Edge Computing, Solar Energy, Wind Energy Ottawa, ON, Canada

BluWave-ai

Artificial Intelligence | Robotics and Control | Machine Learning


BluWave-ai | AI for Clean Energy

BluWave-ai

Renewable & Environments, Renewable Energy, Edge Computing, Solar Energy, Wind Energy


Ottawa, ON, Canada

We live in a world where close to two billion people do not have access to reliable energy sources to lift them out of poverty and create a future of fuller opportunities. At the same time, we’re facing a growing climate crisis, with GHG emissions being a significant contributor. These urgent issues inspire the mission of BluWave-ai. The electrical output from renewable energy sources like wind and solar fluctuates and is inherently difficult for utilities to manage. This results in renewables generation often being under-utilized, with operators relying on fossil fuels as a fallback. Our grid energy optimization platform balances the cost, availability, and carbon footprint of different energy sources - renewable and non-renewable - with energy demand in real-time. We are improving the use of wind and solar energy by 10-20 percent. We work with electricity utilities, enterprises, electric fleet operators, large campuses, government operations, net-zero communities, and remote/off-grid clients around the globe to make their hardware investments smarter with our AI-enabled SaaS software.

 
 

   Total Funding: $3,934,945

   Funding Stage: Seed

   Business Stage: Scaling Up

   Market: B2C

   Company Size: 26 to 50

   Founded: 2017

 
 

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Date

Round

$ Raised

Investors

02/14/2023

Series A

$7.13M

FedDev, Ontario Power Generation, Private Investors

Date : 02/14/2023

Round: Series A

$ Raised: $7.13M

Investors: FedDev, Ontario Power Generation, Private Investors

 

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Devashish Paul


Devashish Paul
Founder & CEO

 
 

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