The Danish Growth Fund

DGAP-News: DEUTZ AG: DEUTZ completes deal to acquire stake in Blue World Technologies

Retrieved on: 
Monday, December 20, 2021
Methanol, Green, Growth, CEO, The Danish Growth Fund, Cologne, Blue world, Renewable energy, DEUTZ AG, Blue World Technologies, DEUTZ AG, BLUE WORLD TECHNOLOGIES

The due diligence of Blue World Technologies was completed yesterday, leading to the purchase of the first of two tranches.

Key Points: 
  • The due diligence of Blue World Technologies was completed yesterday, leading to the purchase of the first of two tranches.
  • Blue World, which is based in Aalborg, Denmark, develops, manufactures, and sells fuel cell stacks, reformers, and systems.
  • "The investment in Blue World Technologies, is a perfect fit for our sustainable growth strategy," says DEUTZ's CEO, Dr. Frank Hiller.
  • With the increasing focus on the production of green methanol, the timing for this collaboration between DEUTZ and Blue World is perfect".

CanopyLAB Secures $3 Million Investment Round Led by Sparkmind.vc

Retrieved on: 
Tuesday, January 26, 2021
Venture capital, Economy, Venture debt, Venture capital financing, The Danish Growth Fund

$1.5 million consists of venture financing and $1.5 in venture debt from the Danish Growth Fund combined with soft money from the Innovation Fund Denmark, amongst others.

Key Points: 
  • $1.5 million consists of venture financing and $1.5 in venture debt from the Danish Growth Fund combined with soft money from the Innovation Fund Denmark, amongst others.
  • The investment will help the company further expand its sales and marketing efforts.
  • The investment round was led by Finnish edtech specialist Sparkmind.vc and joined by The Index Project, JBO invest, and the existing investor group.
  • Learners from across the globe turn to CanopyLAB for a trusted partner to digitise schools and corporate learning," said CanopyLAB's Chief Executive Officer Sahra-Josephine Hjorth.