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. 

AquaBioTech Limited

Consulting, engineering, and contract research services and turnkey technological solutions.

  • Aquaculture

Company behind project
AquaBioTech Group


About Us
Shane A. Hunter is the technical director of AquaBioTech Group having joined the company at its conception in 1996. A marine biologist by profession with entrepreneurial skills and foresight for the aquaculture industry realised that there would be a need for knowledge-based companies to take the industry forward. Dr. Simeon Deguara is a fish nutritionist by profession having spent part of his career in international aquatic feed companies and the public sector as an advisor to the Government of Malta. Dr. Deguara is also a technical advisor of the tuna aquaculture federation in Malta, which has been recognised for its successful performance and profitability over the years. Lisa C. Dowdal is the administration Director. Lisa has extensive management and administration experience. Before joining as a full time in the company she worked in various positions in law firms and other maritime industry sectors.

Problem we are solving
Comparing to conventional aquaculture systems recirculation aquaculture systems (RAS) result on average the following impacts: reduce the use of water resources by 90%, minimise the use of pristine marine space, prevent escapes of farmed fish to the wild, decrease feed waste by 10-20%, eliminate the chances of pathogens and diseases to the marine environment, reduce eutrophication and minimise the conflict with other Blue economy users whilst reducing food miles by providing close to market solutions.

Sustainable Impact on Blue Ecconomy
Engineering innovations, multidisciplinary team, international geographical outreach and project references, cost competitive solutions

  • TRL 9 - Actual system proven through successful mission operations

Financial NeedsBetween EUR 3m-7m

Planned Funding Allocation
  • Improve our R&D: 33
  • Operations: 33
  • To hire more resources: 33