Who founded Blue World Technologies?

Blue World Technologies was founded by Anders Korsgaard, Mads Bang, Mads Friis Jensen in 2018.

Who are Blue World Technologies's investors?

Blue World Technologies's investors include Breakthrough Energy Ventures, Maersk Growth, BEV, Vaekstfonden.

Where is Blue World Technologies headquartered?

Blue World Technologies is headquartered in Aalborg, DK.

Blue World Technologies

Aalborg, DK · Founded 2018 · 48 employees on LinkedIn · 4 known investors

Find your way into Blue World Technologies

625 people in our graph share verified history with the Blue World Technologies team — schools, employers, funds. One of them is your warm intro.

Stuart Schnabolkunlockedknows Mads Friis Jensen · together at Lehigh University (overlapped)

×2knows the team · via INSEAD

×6knows the team · via Lehigh University

×3knows the team · via University of Groningen

Blue World Technologies develops high-temperature PEM methanol fuel cells that serve as clean energy solutions for industrial applications worldwide. The company aims to support decarbonization efforts across various sectors through fuel cell technology.

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Founders & leadership

Blue World Technologies was founded in 2018 by Anders Korsgaard, Mads Bang, and Mads Friis Jensen.

Anders KorsgaardinChief Executive Officer and Co-founder

Mads Bang inChief Technology OfficerChief Technology Officer of Blue World Technologies, a developer of high-temperature PEM methanol fuel cells for industrial clean energy applications. He brings experience in business administration, scaling companies, and high-tech startups.

Mads Friis Jensen inChief Commercial OfficerMads Friis Jensen has worked in fuel cells and renewable energy, focusing on technology commercialization and business development, and previously served in the Danish military where he led organizational restructuring and process implementation. He holds a background in business and technology education with a focus on leadership development.

Investors · 4

Breakthrough Energy Ventures✓ verifiedBoston · $500K – $50M

Maersk Growth$1M – $50Mvia Shereen Zarkani · inferred

BEVreportedBoston

VaekstfondenreportedCopenhagen

In the news

Energywatchenergywatch.com · Apr 2025

Danish methanol fuel cell tech received an investment from the Bill Gates-founded VC firm - ArcticStartuparcticstartup.com · Sep 2022

Bill Gates-founded BEV backs Denmark’s Blue World Technologies in €37M round - Silicon Canalssiliconcanals.com · Aug 2022

Blue World Technologies Receives Investment from Breakthrough Energy Venturesfinsmes.com · Aug 2022

Blue World Technologies closes investment round with great successstateofgreen.com · Dec 2020

Blue World Technologies celebrates a successful first yearstateofgreen.com · Oct 2019

Frequently asked questions

What does Blue World Technologies do?: Blue World Technologies develops high-temperature PEM methanol fuel cells that serve as clean energy solutions for industrial applications worldwide. The company aims to support decarbonization efforts across various sectors through fuel cell technology.
Who founded Blue World Technologies?: Blue World Technologies was founded by Anders Korsgaard, Mads Bang, Mads Friis Jensen in 2018.
Who are Blue World Technologies's investors?: Blue World Technologies's investors include Breakthrough Energy Ventures, Maersk Growth, BEV, Vaekstfonden.
Where is Blue World Technologies headquartered?: Blue World Technologies is headquartered in Aalborg, DK.