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. 

CyanoCare

Cyanoflan for cosmetic and pharmaceutical formulations

  • Blue biotechnology

Company behind project
CyanoCare

Portugal

About Us
Rita Mota is Post-Doc Researcher in Bioengineering & Synthetic Microbiology (BSM) Group at i3S/IBMC-Institute for Research & Innovation in Health/Institute for Molecular & Cell Biology, Univ. Porto, Portugal. RM holds a PhD in Biology (2017) from Faculty of Sciences, Univ. Porto (FCUP), with some periods in Univ. Florence, Italy. RM is specialized in cyanobacterial extracellular polymers, studying its characteristics, biosynthesis, production optimization and possible novel applications. As CyanoCare project manager, RM attended to acceleration programs (ex. ClimateLaunchpad 2018, EIT-Climate), and won awards (ex. Born From Knowledge Award, National Innovation Agency-ANI). Jorge Cardoso is Research Fellow in BSM Group at i3S/IBMC. JC holds a MSc in Bioengineering (Molecular Biotechnology) from Faculty of Engineering (FEUP) and Abel Salazar Institute of Biomedical Sciences (ICBAS), Univ. Porto (2018). JC is specialized in the cultivation of cyanobacteria and in the biopolymer extraction.



Problem we are solving
Synthetic-based components have become increasingly unwelcomed in cosmetics due to public awareness of their long-term health problems, creating great pressure for industry to shift to natural, safer and environmentally friendly ingredients. CyanoCare aims to develop natural-based added-value products for the personal care industry derived from cyanobacteria. Cyanoflan, a carbohydrate polymer, is naturally produced in large quantities by a marine cyanobacterium. It can be used in a wide variety of cosmetic and pharmaceutical formulations, namely as a rheology modifier (thickener; emulsifier; stabilizer), while being able to provide protection to the skin against insults. Performance tests show potential for its use both as excipient and as active ingredient. The incorporation of natural, renewable and sustainable raw materials such as Cyanoflan into commodities and premium products of personal care industries will allow to reach the booming market of environmentally conscious consumers

Sustainable Impact on Blue Ecconomy
Our value proposition is to enable cosmetics brands to differentiate through natural, safer, and environmentally conscious ingredients. This will be performed mainly by a biopolymer easy to produce and isolate, and with versatile natural properties.

TRL
  • TRL 4 - Component validation in laboratory environment

  • Readiness Assistance Beneficiary


Financial NeedsBetween EUR 0.5m-3m

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