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Support for the first years of Cormoran's development

Brittany-based start-up Cormoran has developed a concept of rigid solar wings for shipowners to propel merchant ships sustainably and supply them with electricity. Founded in 2024, the company has worked with naval architecture firm Ship-ST, of which it is a spin-off (a separate company but with the same shareholders), to develop this system. The solar wings rotate with the wind and automatically lie horizontal when the vessel is in port, at anchor, in strong winds or for maintenance purposes. Their modular design allows for all sizes, from 10 to 500 m², for ships ranging from 15 to 300 metres. Performance is guaranteed thanks to the rigidity - important for larger sizes - and the adapted aerodynamic profile. The photovoltaic panels that cover them produce more than 15 kW/100 m² whenever the sun shines. Approval in principle has been obtained from Bureau Veritas.
Project TRL: TRL 4 - Component validation in laboratory environment
Main sector: Shipbuilding & Refit

Suriname ITMOs

Building the Blue Carbon Market
Project TRL: TRL 9 - Actual system proven through successful mission operations
Main sector: Coastal and environmental protection and regeneration

Sustainable regenerative bioenergy

Creating circular economy with macroalgae
Project TRL: TRL 4 - Component validation in laboratory environment
Main sector: Coastal and environmental protection and regeneration

Sustainable seaweed supply

Sustainable scalable profitable seaweed processing
Project TRL: TRL 4 - Component validation in laboratory environment
Main sector: Aquaculture

Sustainable signal & mooring buoys with no plastic

remove plastic from signal & mooring buoys
Project TRL: TRL 8 - Actual system completed through test and demonstration
Main sector: Ocean pollution & water management

Sustein Scale up

Scale up of sustainable feed protein production
Project TRL: TRL 4 - Component validation in laboratory environment
Main sector: Aquaculture

Swedish Algae Factory

Cultivation and extraction of material from algae
Project TRL: TRL 9 - Actual system proven through successful mission operations
Main sector: Blue biotechnology

TechnoCarbon

High-performance, sustainable, low-carbon materials
Project TRL: TRL 7 - System prototype demonstration in a relevant environment
Main sector: Shipbuilding & Refit

TEDEPAD

TEDEPAD® is the first system specially designed to treat guts that are gen- erated when processing fish on board fishing vessels, with the aim of completely exterminate their parasites; Especially the Anisákidos, obtaining that those viscera can be returned to the sea without adversely affecting the marine ecosystems. In this way it contributes to the reduction of the concentration of these parasites in the fishing grounds where our fleet operates.
Project TRL: TRL 9 - Actual system proven through successful mission operations
Main sector: Fisheries

TELESPAZIO FRANCE

Several problems threaten marine ecosystems such as anthropogenic activities (including overexploitation, overfishing, mass tourism, rising sea traffic, eutrophication, pollution) and the effects of global impacts (namely ocean acidification and climate change). For Marine-EO, the consortium led by Telespazio France, and composed of e-Geos, Telespazio, SUEZ and CMCC demonstrated strong experience in delivering robust innovative EO solutions. They are designed to tackle three environmental issues: 1. The monitoring of the marine environmental status in hot spots (Gulfs, Marine Protected Areas). 2. The detection of fish farms threats. 3. The detection of vessels and icebergs in Arctic areas for a better maritime awareness.
Project TRL: TRL 7 - System prototype demonstration in a relevant environment
Main sector: Blue tech and ocean observation

Teqplay BV

Teqplay has developed a digital twin of the port and port operations. The digital twin automatically collects public information required for safe and efficient operations and translates this information in relevant business events. This technology provides the basis for optimizing port call operations for all of the involved stakeholders. A port call (the overall process of vessels entering and departing from the port) involves up to 27 stakeholders. In essence does the digital twin provide a real-time shared point of truth (shared awareness) that enables predictable, faster and cheaper port call operations and creates the basis for collaboration.
Project TRL: TRL 9 - Actual system proven through successful mission operations
Main sector: Shipping & ports

TfI Marine

TfI has developed Sea springs that maximum mooring loads by upwards of 70%, this, in turn, delivers significant cost reductions in the mooring system. Reductions in capex by ~ 50% and Opex by ~20% The target markets are Aquaculture, Floating wind and OIl and Gas These reductions are key for floating wind platforms. With ~60% of the offshore wind resource in depths & 50m, beyond the reach of the fixed bottom, they will become a key enabler to this emerging sector, the floating offshore wind industry.
Project TRL: TRL 4 - Component validation in laboratory environment
Main sector: Blue renewable energy

The Green Fish Company / Purest Catch

Our purposeful mission is to end the misrepresentation of sustainable and traceable seafood - using the most responsibly sourced tunas we craft an authentic, natural tasing canned seafood to provide a responsible, low-impact, low-carbon purchasing choice, we protect marine ecosystems, ocean biodiversity and we protect the livelihoods of small scale fisheries and coastal communities in the last remaining wild places in our oceans.
Project TRL: TRL 8 - Actual system completed through test and demonstration
Main sector: Fisheries

THE SEA OPPORTUNITIES SRL

Subsea technologies portfolio
Project TRL: TRL 8 - Actual system completed through test and demonstration
Main sector: Aquaculture

This is Seaweed Ltd.

This is Seaweed champions the circular economy of plant-based derivatives and products; with an aim to position itself as the go-to producer of sustainable seaweed extracts that future-thinking companies will demand.
Project TRL: TRL 5 - Component validation in relevant environment
Main sector: Blue biotechnology

Tide Ocean

Tide Ocean is a leader in quality recycling of ocean-bound plastics, creating 150 products for 80+ brands, in close collaboration with communities (next hubs: North Africa and Greece) and advanced technology for custom solutions.
Project TRL: TRL 9 - Actual system proven through successful mission operations
Main sector: Ocean pollution & water management

Titanium Technology

Titanium Technology offers biofouling-free submerged components and structures. Based on a new technological concept, we use titanium as a nature-based solution (NbS) to reduce the economic and environmental impact of biofouling and create underwater structures 100% biofouling free. The Blue Science we need for the Ocean we want.
Project TRL: TRL 8 - Actual system completed through test and demonstration
Main sector: Shipbuilding & Refit

ToolKitX GmbH

We have a comprehensive online collaboration tool for all aspects of offshore windfarm work and management. A lean and efficient Cloud software as a turn-key out of the box solution helps saving you significant resources in the erecting, commissioning and operations of windfarms globally. ToolKitX supplies maritime solutions for safer and more efficient operations of offshore windfarms. The operations hub of ToolKitX features a traffic display solution, Permit to Work, Asset Management, Availability Forecasting, Offshore Personnel Tracking System, as well as an advanced Mobile Work Order Solution.
Project TRL: TRL 9 - Actual system proven through successful mission operations
Main sector: Blue renewable energy

Topview srl

Autonomous drone technology for surveillance
Project TRL: TRL 7 - System prototype demonstration in a relevant environment
Main sector: Blue tech and ocean observation

Toqua

Better models to accelerate the decarbonisation
Project TRL: TRL 8 - Actual system completed through test and demonstration
Main sector: Shipping & ports

Back to Pipeline

What is the BlueInvest Project Pipeline?

The BlueInvest Project Pipeline is a database and showcase of projects, scale-ups and SMEs who are driving innovation and sustainability in the Blue Economy.

The projects featured are innovative, scalable and sustainable business ventures from traditional and emerging sectors of the maritime economy.

The aim is to facilitate connections between projects and investors, helping innovative ventures gain visibility and access to funding opportunities.

 

Want to be featured? 

Login to the BlueInvest community & 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, 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

Back to the Pipeline

What is the BlueInvest Project Pipeline?

The BlueInvest Project Pipeline is a database and showcase of projects, scale-ups and SMEs who are driving innovation and sustainability in the Blue Economy.

The projects featured are innovative, scalable and sustainable business ventures from traditional and emerging sectors of the maritime economy.

The aim is to facilitate connections between projects and investors, helping innovative ventures gain visibility and access to funding opportunities.

 

Want to be featured? 

Login to the BlueInvest community & 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, 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

Back to the Pipeline