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.

 

Submit your project

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. 

BlueBurn

As a platform, we cater to two sets of customers: algae biomass buyers and algae producers/suppliers. Both face substantial uncertainty, risks, and information gaps, impeding innovation and scalability. Buyers encounter challenges in finding reliable sources that meet their demands efficiently. Algae, a low-carbon resource, aligns with the Paris Agreement goals. On the flip side, suppliers grapple with market access issues. They struggle to produce products that fit the market and encounter unsold stock, insufficient information for strategic decisions, financial shortages, and survival struggles. The disconnection between buyers and suppliers impedes innovation, survival, and scale-up efforts.

  • Other: Algae Economy

Company behind project
BlueBurn

Netherlands

About Us
Felix Ghyczy With 20+ years as a CEO, excelling in Marketing, Sales, Production, and Change management, adept at problem-solving. Member of the European Algae Commission, passionate about sustainability, windsurfing enthusiast, and nature lover.
Coco Weiner NYU Mathematics graduate turned Goldman Sachs Equity Derivative Trader, then Head of Finance for Weiner Family Office managing a Derivatives Hedge Fund. Passionate about Ocean Conservation and enthusiastic Wave Surfer.
Phil Pienkos Materal Inc. CTO and co-founder, innovating polymer industry detoxification. Entrepreneurial scientist utilizing biology and chemistry for critical problem-solving. Also, co-founder and Board Member at the Algae Biomass Organization.


Problem we are solving
We simplify the process of procuring algae, making it easy, dependable, and accessible for buyers. Additionally, we share market information with suppliers, utilizing data from suppliers, buyers, and research. Our approach involves employing Advanced Sourcing, a Quality Control System, and Market Intelligence. Our platform goes beyond traditional marketplace functionalities, incorporating advanced features that analyze industry requirements, automate supplier searches, and offer tailored sourcing solutions. Through access to supplier profiles, certifications, past performance, and quality checks, our control system ensures that suppliers on our platform are thoroughly vetted and capable of meeting buyer expectations. Our data-driven algorithms empower both buyers and suppliers, providing insights into cost-saving opportunities, efficiency improvements, and emerging market patterns, thereby supporting a reverse-sourcing approach. We enable suppliers to excel by producing products that align with market needs.

Sustainable Impact on Blue Ecconomy
We serve as the all-in-one sourcing partner for buyers, delivering value through reduced uncertainty and secure sourcing. For suppliers, we offer an expanded market reach and access to market intelligence.

TRL
  • TRL 5 - Component validation in relevant environment



Financial Needs300K

Planned Funding Allocation
  • Improve our R&D: 20
  • Sales and Marketing: 30
  • Operations: 20
  • To hire more resources: 30