Blue World Technologies closes investment round with great success

The methanol fuel cell developer and manufacturer, Blue World Technologies, has closed an investment round with an investment of more than 6 mEUR and is handed over the keys for a new production site 1 January 2021.

Blue World Technologies is happy to announce to have closed a successful investment round with both large and smaller investors. Meanwhile, the investment round was ongoing a leasing agreement was signed on a new production building at the Port of Aalborg. At the beginning of 2020, Blue World Technologies was expected to close an investment round, but COVID-19 threw a spanner in the works which resulted in the investment round not being realised at that time. New dialogues with potential investors were initiated and the closing of this round makes it possible for Blue World to take the next step in commercialising the…

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