# BluWave-ai

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bluwave-ai

- Industry: Software
- Headquarters: Ottawa, Canada
- Website: www.bluwave-ai.com
- Total disclosed funding: $2.1M
- Latest round: Seed (Aug 29, 2019)
- Investors on record: 2

## About

Based in Canada, BluWave-ai Inc. specializes in developing innovative artificial intelligence solutions for the clean energy sector, focusing on optimizing energy management through advanced technology.BluWave-ai Inc., founded in 2017, is headquartered in Ottawa, Canada, and focuses on providing AI-driven solutions for the clean energy industry. The company has completed 6 deals and received its most recent funding in the form of a CAD 1.2 million Grant from Tokyo Metropolitan Government on April 24, 2025. The total amount raised by the company to date is CAD 9.5 million. Paul Leroux is the founder of BluWave-ai, and although specific details about prior ventures are not available, he leads the company's strategic vision and growth initiatives.BluWave-ai specializes in advanced artificial intelligence solutions tailored for the clean energy sector. The company's flagship offerings include the Energy Storage Autopilot Technology, which optimizes the performance of grid-scale batteries, and the EV Fleet Orchestrator that facilitates efficient management of electric vehicle fleets. Additionally, the Smart Grid Optimizer enhances energy distribution by improving grid reliability and efficiency, while the EV Everywhere initiative aims to establish a comprehensive infrastructure for electric vehicle support across Canada. BluWave-ai serves a diverse client base, including grid operators, utilities, distribution system operators (DSOs), and renewable energy generators, with its products deployed in markets throughout North America, particularly Canada.BluWave-ai generates revenue through a combination of partnerships and direct sales of its technology solutions. The company engages in B2B transactions, providing its products to enterprises and utilities looking to enhance their energy management systems. Clients typically enter into contracts that may include subscription-based pricing models for ongoing software services as well as one-time fees for the implementation of specific technologies. The structured pricing plans are designed to cater to a range of customer needs, ensuring scalable solutions that adapt to various operational requirements. By focusing on flagship products like the Energy Storage Autopilot and the Smart Grid Optimizer, BluWave-ai delivers value to customers seeking to optimize energy efficiency and drive sustainability within their operations.In April 2025, BluWave-ai Inc. received CAD 1.2 million in grant funding from the Tokyo Metropolitan Government, which will be utilized to support its expansion into Japan's electricity market. The company is actively designing new products to further enhance its technology offerings, with plans to launch these innovations in the upcoming years. Expansion into new geographical markets is also on the agenda, particularly targeting the Japanese market for its clean energy initiatives.

## Funding rounds

- Seed, Aug 29, 2019, $1.1M — Ontario Centre of Innovation
- Seed, Nov 27, 2018, $1M — Fonds Ecofuel

## Investors

- Fonds Ecofuel (https://capitalatlas.ai/funds/fonds-ecofuel) — Seed
- Ontario Centre of Innovation (https://capitalatlas.ai/funds/ontario-centre-of-innovation) — Seed