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.

 

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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. 

XOCEAN

Ocean data, delivered

  • Blue renewable energy

Company behind project
XOCEAN

Ireland



Problem we are solving
Two-thirds of our planet is covered by the ocean yet 95% remains unexplored. The commercial ocean sector was valued at $1.5 trillion in 2010 and is estimated to double to $3T by 2030. Marine data is the foundation for this growth, all decisions made about our ocean is based on Data. Our vision is to deliver this and grow with the ocean economy.

Sustainable Impact on Blue Ecconomy
XOCEAN serves the growing demand for carbon-neutral data collection as a data as a service provider, we are transforming the way ocean data is collected, using internally developments marine robotics known as uncrewed surface vessels or USVs. We offer a fixed price turnkey service in contrast to the traditional method where customers are charged high day rates.

TRL
  • TRL 9 - Actual system proven through successful mission operations



Financial NeedsWe have just closed an investment round, there is no need at the moment

Planned Funding Allocation
  • Other, please specify: N/A