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Blue Solutions - About the company

Blue Solutions is a public company based in Damascus (United States), founded in 1998 by Mary Can. It operates as a Manufacturer of solid state batteries for electric transportation and devices. Blue Solutions has raised an undisclosed amount in funding. The company has 26 active competitors, including 7 funded and 4 that have exited. Its top competitors include companies like QuantumScape, Solid Power and ProLogium.

Company Details

Manufacturer of solid state batteries for electric transportation and devices. These energy storage products utilize lithium metal anodes and polymer electrolytes to provide power for vehicles and electronic equipment. The technology focuses on energy density and safety for various mobility and consumer applications. Production processes involve the assembly of battery cells designed for integration into larger energy systems.
Social
X
Registered Address
22, Frederikkevej, Hellerup, 2900
Key Metrics
Founded Year
1998
Location
Damascus, United States
Stage
Public
Investors
Ranked
Employee Count
500 - 999 as on Mar 01, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Blue Solutions's IPO details

Blue Solutions got listed on Dec 11, 2015.
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Blue Solutions's funding and investors

Blue Solutions has raised funding over 2 rounds. Its first funding round was on Jul 01, 2022. Its latest funding round was a Grant (prize money) round on Aug 07, 2023 for $*****. 1 investor participated in its latest round. Blue Solutions has 1 institutional investor.

Here is the list of recent funding rounds of Blue Solutions:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 07, 2023
2331673
Grant (prize money)
1662623
6120863
7099961
6692711
Jul 01, 2022
7116726
Grant (prize money)
1124000
7653099
2466770
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Blue Solutions' founders and board of directors

Founder? Claim Profile
The founders of Blue Solutions is Mary Can. Jean Luc Monfort is the CEO of Blue Solutions.
Here are the details of Blue Solutions' key team members:

Blue Solutions' employee count trend

Blue Solutions has 500 - 999 employees as of Mar 26. Here is Blue Solutions's employee count trend over the years:
Employee count trend for Blue Solutions
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Blue Solutions's Competitors and alternates

Top competitors of Blue Solutions include QuantumScape, Solid Power and ProLogium. Here is the list of Top 10 competitors of Blue Solutions, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for QuantumScape
QuantumScape
2010, San Jose (United States), Public
Developer of solid-state lithium-metal battery technology for electric vehicle applications
$1B
73/100
2nd
Logo for Solid Power
Solid Power
2011, Louisville (United States), Public
Developer of solid-state lithium-ion battery
$182M
64/100
3rd
Logo for ProLogium
ProLogium
2006, Taoyuan City (Taiwan), Series E
Manufacturer of next-generation lithium ceramic batteries for electric vehicles
$576M
60/100
4th
Logo for Basquevolt
Basquevolt
2022, Vitoria-Gasteiz (Spain), Series A
Developer of solid state lithium battery technology for energy storage
$10.9M
49/100
5th
Provider of battery technology development services
$44.5M
42/100
6th
Logo for Imprint Energy
Imprint Energy
2010, Alameda (United States), Series A
Zinc-based rechargeable batteries
$16.2M
42/100
7th
Logo for AESC
AESC
2007, Yokohama (Japan), Unfunded
Manufacturer of batteries for electric vehicles
-
-
40/100
8th
Logo for Thinkdonic Technologies
Thinkdonic Technologies
2017, Delhi (India), Unfunded
Manufacturer of batteries for electric vehicles
-
-
37/100
9th
Logo for Prieto
Prieto
2009, Fort Collins (United States), Series A
Provider of 3D Li-ion batteries with hyper-fast charging, extreme temperature operation, and nonflammable properties
$13.5M
35/100
10th
Logo for Amec
Amec
2019, Nagpur (India), Unfunded
Developer of battery packs for electric vehicles
-
-
31/100
17th
Logo for Blue Solutions
Blue Solutions
1998, Damascus (United States), Public
Manufacturer of solid state batteries for electric transportation and devices
-
23/100
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Blue Solutions's Investments and acquisitions

Blue Solutions has acquired Capacitor Sciences. Blue Solutions has not made any investments as of now.

Reports related to Blue Solutions

Here is the latest report on Blue Solutions's sector:

News related to Blue Solutions

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Blue Solutions: 2019 ResultsGlobeNewswire•Mar 12, 2020•Blue Solutions
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