Companies / BluWave-ai
BluWave-ai
BluWave-ai is an energy and climate AI company based in Ottawa, Ontario. It had raised C$11.6M as of November 2026, most recently a C$2.1M grant in February 2025 from Natural Resources Canada.
AI software that forecasts and optimizes grid energy, EV fleet charging and battery dispatch for utilities and fleet operators.
bluwave-ai.com- Founded
- 2017
- Category
- Energy/
Climate AI - Status
- Active
- Disclosed raised
- C$11.6M
Funding history
| Round | Date | Amount | Investors |
|---|---|---|---|
| Grant | Feb 10, 2025 | C$2.1M | Natural Resources Canada (lead). Natural Resources Canada Energy Innovation Program contribution of C$2,047,745 for province-wide grid balancing using AI-managed behind-the-meter EV charging; date is the agreement start in the federal disclosure database. |
| Series A | Feb 14, 2023 | C$9.5M | Capital Angels Network (lead); PowerON Energy Solutions. Led by Capital Angels Network with a strategic minority investment from PowerON Energy Solutions, an Ontario Power Generation subsidiary; round completed Dec 15, 2022. The release gives no currency; recorded CAD. |
Founders
- Devashish Paul, Founder/CEO.
Sources
Data as of November 3, 2026.