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Bluewave-AI
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Developer of a SaaS-based grid energy optimization platform

Founded in 2017
Founded in

Company type Private Public ()
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Industry Group energy & power

Sector energy networks

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Ottawa, ON Ottawa, Canada
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Updated by Hattie Partner at on 04/24/2025

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Date Company
Partnerships
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Date Partner Type
10/19/2021
Tata Power Tata Power
Utility signed a three-year agreement with BluWave-ai to deploy their technology after a successful pilot. During the pilot, the technology enabled the utility to generate intra-day and day-ahead dispatches for use in its power scheduling operations.
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Confirmed by Tata Power
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IPO INFORMATION

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Description

Date Investors Type Amount
02/14/2023 PowerOn Energy PowerOn Energy , Capital Angel Network Capital Angel Network (2)
Post-money valuation of
PowerOn Energy invests in BluWave AI and gains minority stake. Funding from this round will be used to build Grid Optimization solutions with EV Fleet Orchestrator.
Series A $9,500,000
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