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. 

SafetyNet Technologies

Precision fishing for a sustainable ocean

  • Fisheries

Company behind project
SafetyNet Technologies

United Kingdom

About Us
"Dan Watson (Co-founder and CEO). Set up SNTech while at university (Mech Eng and Product Design). Experience leading a design team in the space industry for the UK government. Helped companies refine business models and take a more user-centred approach to their product and service offerings. Multiple award winner (James Dyson Global Winner, MIT 35 Under 35). Raised $1.5m non-dilutive and $1.6m Seed round to date.
Aran is Co-founder and CTO (MEng/MSc/MA). Worked on an eclectic array of electro-mechanical and green-tech projects. Grown product team to 4, created patent-pending technology for SNTech.
Nadia is Co-founder (BEng/MBA). BEng from UT Austin and MBA from INSEAD, background in social enterprise and impact-focused businesses. Grown business team and implemented operations to scale. Previously founded Night Owl Market (Cincinnati) and the Impact Collective (London).


Problem we are solving
Overfishing and bycatch are huge global problems with few proven solutions. Between 8 and 25% of the total global fisheries catch is discarded each year due to a technical inability to accurately target and catch the right fish, at a cost of £1.38bn per annum [FAO]. Additionally, the World Bank has estimated that poor management of fisheries costs the global economy $50 billion every year. Roughly one fifth of the global population, which will reach 9bn by 2050, relies on fish as its primary protein source. Discarding 27 million tons of fish per year [Oceana] presents a serious threat to this source, as juvenile, endangered and other non-marketable fish are needlessly destroyed, at great economic, environmental and ecological cost

Sustainable Impact on Blue Ecconomy
SNT develops and scales trusted and valued solutions that enable sustainable practices in the fishing industry. Our technology helps fishermen catch the right fish, lowering bycatch by up to 90% and improving fishing revenues by 25% -- saving more fish, helping fishermen, and protecting an increasingly essential food source now and for the future. Our vision is a world where oceans and people thrive together. As a social enterprise, our mission is integrated in our Articles of Association and takes priority in our business decisions.
Using our technology, we can catch the right fish, save endangered species, sustain livelihoods of fishers and the communities that depend on them, and help ensure food security for a growing population.

TRL
  • TRL 9 - Actual system proven through successful mission operations



Financial Needs4000000

Planned Funding Allocation
  • Improve our R&D: 5.4
  • Sales and Marketing: 11.9
  • Operations: 10.8
  • To hire more resources: 46.1