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GreenBlu logo — company profile

GreenBlu

Founded 2016 United States Hamilton Township, United States 3 employees Venture round Total: $6.70M Renewable Energy, Water

General Information

Company Name GreenBlu
Founded Year 2016
Location United States Hamilton Township, United States
Employees 3
Industries Renewable Energy, Water
Funding Stage Venture round
Social

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About GreenBlu

GreenBlu is a company that has developed innovative technologies to recover valuable resources from seawater and other brines, including desalination waste. The company aims to produce decarbonized magnesium metal using only renewable electricity and seawater/brine, without generating waste brine. With nearly 2 billion megatons of Mg metal available in the ocean, GreenBlu plans to be the first to market with U.S.-produced magnesium at competitive prices, significantly faster than terrestrial mining. This innovative approach is particularly significant as magnesium production has seen little innovation for the past fifty years. GreenBlu has patented technologies to create a proprietary method of extracting sustainable magnesium for the global Energy Transition. Magnesium, being the lightest structural metal, can potentially drive a 95-fold leverage on decarbonization, with each ton of decarbonized production avoiding 28 tons of carbon emissions compared to current methods. Moreover, magnesium is crucial in the production of various materials including aluminum alloys, titanium, and steel, making it vital for national security and hydrogen storage and transportation. Founded in 2016 near Princeton, New Jersey, by three physicists from the Princeton Plasma Physics National Lab, GreenBlu is at the forefront of brine mining technology and its role in the energy transition. The company recently received a $5.00M Venture Round investment on 03 January 2024, signifying a strong investor interest in their vision. GreenBlu is now seeking strategic partners to further advance its innovative solutions in the renewable energy and water industries.

Business keywords: sustainable technology, magnesium extraction, brine mining, carbon emissions reduction, metal production innovation, energy transition, national security, resource recovery, renewable electricity, seawater extraction, green technology, start-up company, strategic partnerships

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $5.00M -
03 Jan 2024
Grant $75.00K 1
Commission on Science, Innovation and Technology
Commission on Science, Innovation and Technology
05 Aug 2021
Grant $25.00K 1
Commission on Science, Innovation and Technology
Commission on Science, Innovation and Technology
18 Jun 2020
Grant $1.60M 1
U.S. Department of Energy Solar Energy Technologies Office
22 Jun 2018
Non Equity Assistance Undisclosed 1
Cleantech Open
Cleantech Open
01 Jan 2016

GreenBlu Alternatives & Competitors

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GreenBlu vs
Trevi Systems
Trevi Systems United States

Sustainable forward osmosis desalination & brine concentration

Series E
26 employees
Renewable Energy, Waste Solution
GreenBlu vs
Oneka Technologies
Oneka Technologies Canada

Making the oceans a sustainable and affordable source of freshwater.

Series A
45 employees
Design, Hardware
GreenBlu vs
AquaGreen
AquaGreen Denmark

Environmental Protection, Climate Change Mitigation, Resource Circularity & Recovery.

Seed
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Agriculture, Biotechnology
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FAQ About GreenBlu

GreenBlu has developed a suite of technologies to recover valuable resources from seawater and other brines including desalination waste. Decarbonized magnesium metal can be produced using only renewable electricity and seawater/brine. No waste brine is generated because magnesium chloride is physic...
GreenBlu was founded in 2016.
GreenBlu is headquartered in Hamilton Township, United States.
GreenBlu operates in Renewable Energy and Water. Its work centres on sustainable technology, magnesium extraction, brine mining and carbon emissions reduction.
GreenBlu has approximately 3 employees.
GreenBlu has completed 5 funding rounds, raising a total of $6.70M. The latest funding stage is Venture round.
Top alternatives and competitors to GreenBlu include Trevi Systems, Oneka Technologies, AquaGreen, Uravu Labs. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
GreenBlu and Trevi Systems are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for GreenBlu, https://bouncewatch.com/company/greenblu, updated 28 November 2024. When citing, please name BounceWatch and link this page.

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