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. 

PaRAS Aqua Oy

PaRAS is a modular full scale space saving aquaculture system.

  • Aquaculture

Company behind project
PaRAS - Particular air assisted Recirculation Aquaculture System

Finland

About Us
The inventor CTO Tapio Kiuru is a biologist with a track record in aquaculture research as well as management of RAS facility.
CEO Jouni Peltomaa has a wide experience in commercial management of project and service deliveries as well as business development and scale up.


Problem we are solving
PaRAS resolves
Energy efficiency
Feed efficiency
Water footprint

Sustainable Impact on Blue Ecconomy
Sustainable production of healthy seafood on land is profitable, production is predictable, and the products are of high quality

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



Financial NeedsPaRAS Aqua Oy received an investment of 1 million EUR for business start up, and is currently hiring more resources for operations and project management as improvement of our automation and software. First commercial project in planning phase. Looking forward to our next financing round in the near future to start our global expansion.

Planned Funding Allocation
  • Improve our R&D: 18
  • Sales and Marketing: 33
  • Operations: 15
  • To hire more resources: 34