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. 

ELWAVE

ELWAVE develops, manufacture and commercializes innovative biomimetics underwater sensors based on its proprietary CEDAR (Controlled-Electric Detection And Ranging) technology.

  • Blue tech and ocean observation

Company behind project
ELWAVE

France



Problem we are solving
- detection and characterisation of underwater infrastructure (cable, pipeline, ...)
- detection and characterisation of underwater pollution (UxO, radioactive waste, plastics, mines)
- defense application : mine warfare, seabed warfare, surveillance of critical infrastructure

Sustainable Impact on Blue Ecconomy
Unique patented electric-field based underwater sensor.
It provides the ability of detecting any type of metallic and non-metallic objects in the water, layed and buried into the sediments

TRL
  • TRL 8 - Actual system completed through test and demonstration

  • Readiness Assistance Beneficiary


Financial Needs15.000.000

Planned Funding Allocation
  • Improve our R&D: 20
  • Sales and Marketing: 30
  • Operations: 20
  • To hire more resources: 30
  • New premises: 10