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What is the BlueInvest Project Pipeline?
The BlueInvest Project Pipeline is a database and showcase of projects, scale-ups and SMEs who are driving innovation and sustainability in the Blue Economy.
The projects featured are innovative, scalable and sustainable business ventures from traditional and emerging sectors of the maritime economy.
The aim is to facilitate connections between projects and investors, helping innovative ventures gain visibility and access to funding opportunities.
Want to be featured?
Login to the BlueInvest community & Submit your project
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
Ace Aquatec
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.
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.
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.