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. 

Agritrack SA

A SAAS aquaculture automation platform

  • Aquaculture

Company behind project
Agritrack SA


About Us
- V. Tsezos, CEO (MBA,MSc) 15+ years of tech & business development, experience in enterprise improvement, process optimization, cost reduction and revenue growth. He is also an expert in IoT with a niche in RFID passive technologies and experience in Blockchain backed systems. He has a BSc in Electrical Engineering and MSc in Industrial engineering from Purdue University as well as an MBA from London Business School. He held the role of Vice President for AlixPartners Management Consulting firm in London.
- G. Skrimpas, CTO (MSc) 20+ years of experience as a software engineer, with a demonstrated experience embedding IoT and sensors with cloud and real time software systems. George directs Agritrack’s engineering efforts and is key in Software R&D required to integrate the different technologies into efficient SW solutions.
- P. Tsakanikas, CRO (PhD), is an Image, Signal Analysis, Machine Learning & AI Expert. With 8+ years of R&D experience, he led the research in the lab of Microbiology and Biotechnology of Foods at AUA, with emphasis on projects for food quality assessment via the exploitation of non-invasive sensors.
- Prof. G. Nychas (co-founder), is Emeritus professor at Agricultural University of Athens and an Agritrack co-founder and active member. Nychas has acquired extensive experience on: (a) food safety – risk analysis, implementation of Process Analytical Technology (PAT) & IoT in the food industry via the introduction and utilization of sensors (nondestructive non- invasive) and Data Science. He is a Highly Cited Scientist, while is also recognized by the AgriFood industry as a global expert in food safety and quality.

Problem we are solving
Food quality & traceability are major global issues, where the lack of information in the supply chain leads to the loss of ~15% of the food from production before it even reaches the consumer. In the fish value chain a large proportion of these losses are related to
1)inaccurate or inefficient temperature control along the cold chain leading to suboptimal fish conditions and fish durability
2)inability to quantitatively assess quality early on in the value chain (making difficult for aquacultures to determine if fish should be sold to the local market or at a distant market or if the lot should be sold as full fish or fish filets, leading to product returns, downgrades or even product recalls)
3)lack of fully transparent and digitized post harvest processing (increased production costs or loss of traceability records ).

Our unique solution fuses Traceability, Predictive Microbiology, Spectroscopy (NIR) and AI to provide a comprehensive food tracking & quality system from farm to fork. Our solution, besides digitally securing traceability in accordance with GDST global standards, can also predict food expiration date and establish early on food quality characteristics on the field.

Sustainable Impact on Blue Ecconomy
The platform’s value proposition:
1. Reduce costs and fish losses (Up to 20% reduction of overharvest)
2. Improve fish quality ( Up to 10% reduction of fish downgrading)
3. Increase consumer’s Willingness to Pay

  • TRL 8 - Actual system completed through test and demonstration

  • Readiness Assistance Beneficiary

Financial Needs1 M

Planned Funding Allocation
  • Improve our R&D: 35
  • Sales and Marketing: 60
  • Other, please specify: Legal 5 %