BluWave-ai is a provider of a SaaS solutions enabled by artificial intelligence (AI) for sustainable energy transformation of industrial customers, utilities, and electric fleet operators.
BluWave-ai is leading the global energy transformation by accelerating the proliferation of distributed and renewable energy resources, electric transportation, and smart loads.
BluWave-ai was founded in 2017 by Devashish Paul. The company is headquartered in Ottawa, Ontario, Canada.
BluWave-ai is committed to accelerating the adoption and use of renewable energy sources like wind and solar across communities and corporations to realize the “Utility of the Future”.
BluWave-ai’s SaaS based platform consists of BluWave-ai Edge and BluWave-ai Center and operates in either the public or private cloud. BluWave-ai Edge connects to IoT sensors and meters around the grid. BluWave-ai Center manages these multiple edge nodes, collecting the data to build and train the AI models, and then sending these models back to BluWave-ai Edge to predict, optimize, and dispatch control.
BluWave-ai’s customers and partners report significant economic and environmental returns on their investments. For example, where significant large renewable energy penetration is present, typical savings are in the high six figures for every 10-20 megawatts of user load.
BluWave-ai is backed by Sustainable Development Technology Canada, Ecofuel, and OCE. The company completed an oversubscribed $3.9M Seed Funding Round on Mar 18, 2020. This brings BluWave-ai's total funding to $7.5M to date.