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. 

ACE Aquatec

Sustainable humane slaughter for fish

  • Aquaculture

Company behind project
Ace Aquatec

United Kingdom

About Us
Ace Aquatec was a family run business, which has been developed by Nathan Pyne-Carter into an investor backed global business, with AquaSpark and Chroma Ventures backing its series A round. It now has legal entities in Norway, Australia, Chile and Canada, as well as its head office in Dundee, and 32 employees. It has won many global innovation awards for its products, including humane electric fish stunners, underwater A.I. biomass cameras, wildlife friendly seal deterrents, and a portal providing fish farmers a full view from grow out to harvest. We are currently raising a series B round. 

Problem we are solving
Over 2 billion fish are killed each year, with no humane death. Our humane stunning solution will ensure farmed and wild caught fish are killed humanely within 1 second, and that the system is capable of operating sustainably with no environmental impact. This will open up the technology for farms less industrialised around the world.

Sustainable Impact on Blue Ecconomy
Fish are stunned in water, as opposed to in air; this ensures zero stress and handling, better quality and a higher price for farmers. Alternative systems, either stun electrically in air, which can cause pre shock and blood spotting, or using pneumatic hammers which need careful adjustment according to the size of fish being stunned. This leads to around 10-50% of fish being hit ineffectively and inhumanely.

  • TRL 8 - Actual system completed through test and demonstration

Financial Needs11856514

Planned Funding Allocation
  • Improve our R&D: 44
  • Sales and Marketing: 25
  • Operations: 25
  • To hire more resources: 2
  • New premises: 2
  • Other, please specify: 2