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. 


Smart Port as a Service application and platform

  • Shipping & ports

Company behind project


About Us
AWAKE.AI is a growing team of innovators and entrepreneurs. Most have entrepreneur, Rolls-Royce autonomous ship and NOKIA backgrounds. Team is a unique combination of marine expertise and software development expertise needed to create an operating platform that is world- leading in the field of intelligent ports and shipping. Core capabilities include and team has proven track record in e.g. autonomous shipping, SW platforms & applications, AI, SaaS commercialization.
CEO Karno Tenovuo: Before founding Awake.AI, Karno was leading the Rolls-Royce Ship Intelligence business known for the world's first remote control and autonomous ships. Software team includes the three co-founders: leading platform product management (Simo Salminen), SW engineering (Kimmo Kummala) and AI development (Dr. Jussi Poikonen). All the co-founder worked also at Rolls-Royce together.

Problem we are solving
More than 90% of the world’s goods transport is handled by sea. Currently ships are waiting about 40% of their time in ports, they sail about 40% empty and emissions need to be reduced by more than 40%. This is because before now the industry has been working in silos, all processes have been manual and actors have only known about 24 hours forward what will be the ports status. When changes happen, they have not been efficiently communicated. The whole industry is lacking a solution that would give reliable situational awareness and planning capability past 1-2 days. There are time consuming manual data entry, sharing and errors, re-entries and hardly any digital documents. Old, limited and siloed tools are used for manual planning and they are not linked to other systems. Planning is based on guessing or interpolation at best. Shipping emissions have risen since 1990 by about 26M tonnes of CO2, or 19%, reaching 139M tonnes in 2018 – and equaling to a quarter of Europe’s car fleet.

Sustainable Impact on Blue Ecconomy
The only company that can offer AI-driven SaaS Affordably & Fast. Our customers do not need to invest years and millions, We have industry leading optimisation platform for sea-port-land interactions and a Growing smart port ecosystem with over 100 partners.

  • TRL 8 - Actual system completed through test and demonstration

Financial Needs1000 000 (EUR)

Planned Funding Allocation
  • Improve our R&D: 30%
  • Sales and Marketing: 40%
  • To hire more resources: 30%