What is the BlueInvest Project Pipeline?
See our showcase of innovative projects and entrepreneurs who are shaping the Blue Economy.
Projects consist of innovative, scalable and sustainable business ventures from traditional and emerging sectors of the maritime economy.
The graphs below provide an overview of the country distribution, sector, and TRL of projects currently listed in the BlueInvest Project Pipeline.
Selection Criteria:
Your company is EU-based or from an eligible sea basin region (Georgia, Turkey, Ukraine, Moldova, Montenegro, Albania, Bosnia-Herzegovina, North Macedonia, Serbia, Turkey, Israel, Egypt, Tunisia, Algeria, Morocco, Lebanon, Syria, Libya, Mauritania, United Kingdom, or Norway)
Your project TRL is 4 or higher
Your project sector is in one of the 10 blue economy sectors identified for this initiative
Your solution has a clear sustainable impact on the blue economy
Your project is looking for investment
Project Country
Country in which the project is being developed and / or implemented.
Project Sector
Main blue economy sector the project relates to.
Project TRL
Current technology readiness level of the project.
The compelling ferry design of this startup provides unique competitiveness with robust design, very low energy consumption, high speed and versatile design for various use cases.
Clean Shipping Projects / Clean Shipping Assets
Hans Thornell, Chairman & Founder
Naval Architect, Lieutenant Commander Swedish Navy, 40 year career as an international management consultant within the manufacturing and automation industries. Part owner and former Chairman of Echandia and seven other small enterprises in different industries.
David King, CEO
Accomplished CEO, COO and Non-Executive Director. Track record in building and driving sales teams, scaling, and internationalizing businesses. Skilled in positioning businesses for acquisition and investment funding.
Fredrik Thornell, Executive Director & Founder
Industrial Engineer from the Royal Institute of Technology in Stockholm, Background in property development including the creation of a large private real estate portfolio in central Brussels. A specialist sales and marketing professional.
Zero-emission fast passenger transport on the water has a huge potential. However, until now a consequent ferry design, utilising the right combination of available new technologies has been missing. Most existing designs are for low- and medium-speed use which makes it challenging to be competitive - or they still use fossil fuels.
Existing designs do not reach the high speed which increases transport capacity and with this improves the key criteria of competitiveness.
The solution needs to be well suited for heavy duty operation, should achieve high speeds, provide high reliability and come with very competitive operational costs. Green City Ferries (GCF) is doing the trick and combines three key technologies: semi-foiling catamaran design, carbon fiber hull and electric jet propulsion.
The design of the innovative ferry Beluga24 has been finalised. Next is the launch phase. Ongoing negotiations with local and international clients are filling the project pipeline.
Standardization and serial production the GCF cat factories will ensure capacity and productivity development as well as scalability
GCF protects its IP and core technologies by exclusive partnerships in its cat factories for the carbon fiber construction in Sweden and the US.
GCF uses local shipyards for final outfitting and powertrain support.
GCFs model enables asset-light production upscaling and creates jobs locally.
GCF target a market share of at least 20% and 150 vessels delivered by 2032 in the Existing Market. The New Market opportunities have the same potential.