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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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. 

Algaesys Lda - Sustainable Hospitality

Sustainable Hospitality through energy positive water and biomass reuse

  • Ocean pollution & water management

Company behind project
Algaesys Lda


About Us
John Fagan, our CEO, Founder and process inventor and patent holder, is a Bio-Chemical Engineer, MBA and LLB, with some 35+ years of experience in the water sector as a technician and corporate executive for both SMEs and large corporates including Veolia and Black and Veatch.
James Lander, our Co-Founder and Business development Director, is a Chemical Engineer with 30 year experience in the water and energy sectors, also with a history with both SME and large corporate business.
Greg Turner, our Director of Implementation, is a Civil Engineer with 25 years experience in infrastructure project delivery with Black & Veatch and CH2M, including the London Olympics and Qatar World Cup Infrastructure PMO.
John, James and Greg have all worked together for some 25 years on projects.
Dr. Mashed Sedghi, R&D Manager, a PhD Microbiologist with some 5 years experience in algae and cyanobacteria for wastewater treatment, EPS extraction and its use in cosmetics and other applications.

Problem we are solving
The hospitality sector used 3+ times the normal municipal water usage that adds pressure to limited potable water resources and adds significant cost to facility operations through high energy consumption and skilled labour requirements.

Sustainable Impact on Blue Ecconomy
The Algaesys Lda Arcadia process provides:
*Very low lifecycle costs - Less than 3 year payback
*Natural, safe, odourless process powered by the sun
*Source of water, energy & soil conditioner 
*Waste avoidance
*Reduce carbon footprint
*Opportunity for carbon offsetting
*Aesthetically non-intrusive, land efficient
*Can install on a roof or floating structure (low load)
*High reliability
*Easy to operate, typically 3 hours, 3 times per week

  • TRL 6 - System/subsystem model or prototype demonstration in a relevant environment

Financial Needs€1,500,000

Planned Funding Allocation
  • Improve our R&D: 25%
  • Sales and Marketing: 15%
  • Operations: 10%
  • To hire more resources: 20%
  • New premises: 20%
  • Other, please specify: 10% Monitoring and testing equipment