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. 

Solutions for Sustainable Nutritions from Mediterranean Sea
Clean, Pure and Zero Waste

  • Blue tech and ocean observation

Company behind project
Tetis Biotech

Turkey

About Us
Tetis Biotechnology was established in 2018 with the support of TÜBİTAK 1512 BIGG. It is a company that puts forward the sustainable use of our marine resources in the light of academic studies, raw materials and different prototype end products for the food, cosmetics and biomedical industries. In this context, since the year it was founded, it has also carried out research on the market of its innovative products both in Turkey and in Europe, with the support of public institutions and the support from the European Union Institute of Innovation Technologies (EIT Food).

Problem we are solving
In particular, four problems are tackled in this work;
1-The need of an economic & environmentally sustainable solution for the fisheries management
2-The lack of a cost-efficient process at large scale for the recovery of green technology based of functional ingredients from marine by-products for human consumption
3-To satisfy the increasing demand for pure protein based ingredients and novel products
4-To search a way for consuming invasive marine species in order to limit their impact in the marine ecosystem.

Sustainable Impact on Blue Ecconomy
Our value proposition is producing high-quality and low-cost marine bioactive compounds from discarded catch in the fisheries and waste materials of industrial fish processing.

TRL
  • TRL 8 - Actual system completed through test and demonstration


Financial NeedsWe are a small company. We know the issues where we are strong and we are weak. We are constantly trying to improve our weak spots by using consulting and coaching, participating in acceleration programs and establishing collaborations. In the near future, we will strengthen our team especially with experts about commercialization studies. The current core team of company:
PhD Emre Yemişken (Founder): Marine ecologist; Project management, Business development, Developing extraction methodologies for marine bioactive compounds.
MSc. Mert Kesiktaş (Founder): Sales and Marketing
Utkuhan Şahinoğlu (Reseacher): R&D expert for green technology process
Hilal Buyuran (Reseacher): R&D expert for biological activity process
Including the core team, we have also partners and supports from different sectors in order to criticize and improve our products.

Planned Funding Allocation
  • Improve our R&D: 30% We would like improve traceability app system for clean label based including fun entertainments for customers.
  • Sales and Marketing: 30% we are planning to work with social media broadcasters which has more than 20.000 followers. The target audience of the product relies on the broadcasters they follow on social media. Broadcasters is using the product and explain their satisfaction.
  • Operations: 10% We would like extend species variety for different fish based products.
  • Other, please specify: 40% We would like to scale up manufacturing system.