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. 

Dolprop Industries AB

New marine propulsion system to replace propellers

  • Coastal and marine tourism

Company behind project
Dolprop Industries AB

Sweden

About Us
Thomas Jemt (Founder, CTO) - Serial inventor - has invented 10+ commercial products with annual revenue of USD 10m - Certified pilot Per Eriksson (CEO) - Co-founder of HealthTech company Doctrin (EURm 25 raised capital & 50 FTEs) - BU Manager at Evidensia (Responsibility for EURm 30 in P/L + 300 FTEs) - Engagement manager at McKinsey & Company - M.Sc. in Business Administration, Stockholm School of Economics



Problem we are solving
Dolprop develops the next generation marine propulsion system: FlukeTech. The fin based propulsion system is based on dolphin biomimicry, leveraging 50 million years of nature's own R&D. Compared with a conventional propeller, FlukeTech reduces fuel consumption and CO2 emissions by 20%, underwater noise by 90%, and is safer for marine animals. The technology can be retrofitted to engines on small pleasure boats as well as large merchant ships.

Sustainable Impact on Blue Ecconomy
FlukeTech reduces fuel consumption and CO2 emissions by 20%, underwater noise by 90%, and is safer for marine animals, compared with a conventional propeller.

TRL
  • TRL 4 - Component validation in laboratory environment

  • Readiness Assistance Beneficiary


Financial Needs1.750.000

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