When was Bluefors founded?

Bluefors was founded in 2007 and raised its 1st funding round 11 years after it was founded.

Where is Bluefors located?

Bluefors is headquartered in Helsinki, Finland.

How many employees does Bluefors have?

As of Jun 30, 2026, the latest employee count at Bluefors is 487.

Is Bluefors a funded company?

Bluefors is a funded company, having raised an undisclosed amount across 6 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 10, 2018.

When was the latest funding round of Bluefors?

Bluefors' latest funding was a $***** Grant (prize money) round on Jul 16, 2025, with participation from 1 investor.

What is the annual revenue of Bluefors?

Annual revenue of Bluefors is between €100M and €500M as on Dec 31, 2024

Where does Bluefors rank among its competitors?

Bluefors ranks 2nd amongst 3 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Licify, which secured $8.69M in Oct, 2025.

Bluefors - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Manufacturer of cryogenic measurement systems and cryocoolers. These systems are used in quantum technology, low-temperature physics research, medical and life sciences, and clean energy applications. Products include dilution refrigerators, cryocoolers (pulse tube and Gifford-McMahon), and related components such as magnets and gas handling systems. The company also provides services such as system maintenance, upgrades, and training. Solutions are offered for various temperature ranges, from millikelvin to 4 Kelvin. The focus is on providing reliable, high-performance equipment and support to enable scientific breakthroughs and technological advancements.

Website: bluefors.com
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Key Metrics

Founded Year

2007

Location

Helsinki, Finland

Stage

Seed

Latest Funding Round

Grant (prize money), Jul 16, 2025, $*****

Investors

DevCo & 2 more

Ranked

2^nd among 3 active competitors

Annual Revenue

€100M - €500M as on Dec 31, 2024

Employee Count

487 as on Jun 30, 2026

Investment & Acquisitions

Rockgate & 1 more

Similar Companies

kiutra & 1 more

View Bluefors' full profile

Bluefors is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Bluefors Oy CIN: 2183219-9 , Finland, Active	Mar 17, 2008	€100M - €500M (As on Dec 31, 2024)	-	-

Bluefors has raised funding over 6 rounds. Its first funding round was on Jan 10, 2018. Its latest funding round was a Grant (prize money) round on Jul 16, 2025 for $*****. 1 investor participated in its latest round. Bluefors has 3 institutional investors.

Here is the list of recent funding rounds of Bluefors:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 16, 2025	5074301	Grant (prize money)	3988470	1101082	7060610	4983867
Jun 27, 2022	6050646	Grant (prize money)	9955891	5230801	2648405	OSTI
Apr 21, 2021	1627463	Seed	5420489	9312103	DevCo	4464914

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Bluefors' employee count trend

Bluefors has 487 employees as of Jun 26. Here is Bluefors's employee count trend over the years:

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Top competitors of Bluefors include kiutra and Licify. Here is the list of Top 10 competitors of Bluefors, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	kiutra 2018, Munich (Germany), Series B	Provider of a cooling technology intended to provide cryogen-free cooling solutions	$15.2M	Verve Ventures, APEX Ventures & 8 others	56/100
2nd	Bluefors 2007, Helsinki (Finland), Seed	Manufacturer of cryogenic measurement systems and cryocoolers	-	OSTI, DevCo & 1 others	55/100
3rd	Licify 2025, Paris (France), Seed	Developer of wiring solutions to enable quantum computing at scale	$8.69M	Heartcore Capital, Epsl-Vc & 6 others	43/100