BLUETOWN
BLUETOWN offers a sustainable, low-cost technology solution and business model to bring rural internet access to the developing world.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
$7.7m | Early VC | ||
| Total Funding | 000k | ||
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | 48 % | 22 % | (13 %) | (98 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | (483 %) | (339 %) | (165 %) | (201 %) | (8369 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | (493 %) | (391 %) | (253 %) | (328 %) | (13567 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
BLUETOWN is a technology company focused on providing sustainable Wi-Fi solutions to underserved and rural areas. The company operates in the telecommunications market, primarily serving educational institutions, healthcare providers, and local governments. BLUETOWN's core product is a base station that delivers high-speed Wi-Fi, powered entirely by solar energy with rechargeable batteries for 24/7 performance. The base station also includes a local cloud, offering fast and easy access to e-learning, e-health, and e-governance services. The business model is based on turnkey installations, which are quick to set up, typically within one or two days. Revenue is generated through partnerships with governments and organizations, as well as service fees for internet access and cloud services. BLUETOWN's solutions are designed to be both sustainable and efficient, ensuring connectivity even in the most remote locations.
Keywords: Wi-Fi, solar energy, rural connectivity, e-learning, e-health, e-governance, sustainable technology, base station, local cloud, turnkey installation.