Skip to content
Native AI Series A Founded 2017

BluWave-ai

BluWave-ai provides artificial intelligence software for optimizing clean energy grid operations, empowering utilities, electricity system operators, data centers, independent power producers, enterprises, and fleet operators to maximize the efficiency of their renewable energy, storage, and electric transportation assets. The company offers five core products: Smart Grid Predictors (AI-enabled real-time predictors…

📍 Ottawa, Canada · Artificial Intelligence,

Funding snapshot

Last roundSeries A
Amount$10M
Date15 December 2022
Total raised$18M
Team size38

About

BluWave-ai provides artificial intelligence software for optimizing clean energy grid operations, empowering utilities, electricity system operators, data centers, independent power producers, enterprises, and fleet operators to maximize the efficiency of their renewable energy, storage, and electric transportation assets. The company offers five core products: Smart Grid Predictors (AI-enabled real-time predictors for solar and wind power output, electricity load, peak prediction, and pricing predictions), EV Everywhere (a cloud-based platform transforming EVs into a distributed energy storage network to balance grid loads and utilize surplus renewables), Energy Storage Autopilot (optimizing dispatch of battery storage and renewable assets to reduce operational costs and carbon footprints), Data Center Autopilot (shifting high-compute workloads to periods of low grid stress for hyperscale and colocation operators), and EV Fleet Orchestrator (providing real-time energy dispatch for electrified fleets, integrating vehicle schedules and energy pricing to lower TCO). BluWave-ai's technology architecture spans edge and center deployments, powered by BluScore, ATLAS, and CUBE frameworks. The company holds a growing IP portfolio including 60 filed patents with 14 granted or allowed, and recently launched an IP Partners business unit. BluWave-ai is engaged in province-wide EV and distribution grid load management AI projects with Ontario utilities and participates in IEA Innovation Forum initiatives. Founded in 2017 and headquartered in Ottawa, Canada, BluWave-ai has raised $17.8M in Series A funding from investors including Ontario Centre of Innovation, Sustainable Development Technology Canada, Ecofuel Accelerator, FedDev Ontario, Capital Angels Network, Free Electrons, Cycle Momentum, and Ecofuel Fund.

Business model

Data Center Infrastructure > DC Infrastructure Management > Energy & Power Management,

Smart Cities > Smart Utilities > Energy Management > Smart Street Lighting > Controllers,

Energy Efficiency Tech > Energy Management System > Load Management,

Smart Grid > Grid Management > Analytics,

Property Management Tech > Building Energy Management

Institutional investors

Ontario Centre of Innovation Sustainable Development Technology Canada Ecofuel Accelerator FedDev Ontario Poweronenergy Capital Angels Network Free Electrons Cycle Momentum Ecofuel Fund

Latest coverage

No articles yet.

Raising like BluWave-ai?

Analyze your pitch deck before your next raise.

Analyze My Deck →