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. 

CalWave
CalWave's vision is to unlock the power of ocean waves to secure a clean energy future. Our mission is to provide reliable and cost effective ocean wave technologies for sustainable energy access. Our proprietary wave energy converter technology achieves high performance while surviving storms and extreme conditions by operating fully submerged at all times.

  • Blue renewable energy

Company behind project
CalWave

Germany

About Us
Using his extensive experience in product development and background in the industry, Marcus Lehmann, PhD leads a diverse team of engineers, business development specialists, advisers, and industry partners. He holds a diploma in Mechanical Engineering and an honours degree in technology management from the Technical University of Munich and a PhD in Systems Engineering from Hamburg University of Technology . Thomas Boerner: Co-founder, MSc in Mechanical Engineering (ME) from TU Aachen and MSc in Economics. Nigel Kojimoto: MSc in ME from MIT, USA. Bryan Murray: BSc in Electrical Engineering (EE) from Virginia Tech, USA. Dan Petcovice: Diploma Marine Renewable Energy Instituto Superior Tecnico BSc in EE from UCLA, USA.



Problem we are solving
CalWave develops a game-changing, next-generation and proprietary Wave Energy Converter to harness the vastly available, predictable and stable energy from ocean waves to serve coastal communities.

Sustainable Impact on Blue Ecconomy
The high performing WEC operates fully submerged, allowing it to survive stormy seas while causing no visual pollution.

TRL
  • TRL 7 - System prototype demonstration in a relevant environment

  • Readiness Assistance Beneficiary

Financial Needs400.000

Planned Funding Allocation
  • Other, please specify: Commercial grid connected open ocean pilot