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. 

BIOFABRIK

The compact refinery WASTX Plastic, basing on the process of catalytic depolymerization, offers a prototype, ready to go into serial production, which converts plastic waste into a diesel-like fuel, automatically presorting, cleaning and shredding it beforehand. Hereby, the chemical compounds of the plastic material become resolved and transformed back to their original liquid state through thermodynamic processes during a process of multi-stage refining progress. Using this technology, one kilogram of plastic will be converted into approximately one litre of fuel, corresponding to up to 10 kilowatt-hours of energy. The WASTX Plant is capable of feeding, processing and cleaning itself 24/7 completely automated. Due to its compact construction style the entire system, presorting and crushing included, currently require the space of a 40-foot sea container. It can be placed and operated decentralized without having to transport the waste.

  • Ocean pollution & water management

Company behind project
BIOFABRIK

Germany

About Us
Oliver Riedel is founder and CEO of the BIOFABRIK Technologies Ltd Corp. group, in Dresden-Germany. He aims to develop and markets innovative technologies and disruptive solution approaches to sustainably handle energetic, nutritional and waste problems worldwide. Since 2010, he took responsibility for the strategic management and business development of the BIOFABRIK Group. Already in 1999, he founded the first German online shop for food products with the online food retailer Lebensmittel.de. After the successful exit in 2009, the aimed was to develop a company which solved social problems, such as plastic and oil waste, holistically. As Chief Executive Optimist, he believes in the solvability of huge social problems, such as hunger, environmental pollution and insufficient energy supply through good ideas. He wants to continue working for that in the future! He has built up a group of numerous enthusiasts in the areas of engineering, IT, biology and other sciences.


Problem we are solving
How to convert the plastic crisis into an opportunity for local development? Using our technology we create circular economies giving plastic value, as a result, we clean the environment and promote local development.

Sustainable Impact on Blue Ecconomy
How to convert the plastic crisis into an opportunity for local development? Using our technology we create circular economies giving plastic value, as a result, we clean the environment and promote local development.

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



Financial Needs0.00

Planned Funding Allocation
  • Other, please specify