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Startup BIVALVIA

Company | Latvia
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Project Bivalvia is founded by company IMOGEN, the hydrotechnical engineers and waterfront developers that are active in Baltic Sea region www.imogen.lv.

Project Bivalvia will evolve mussel aquaculture in the Adriatic.
Today we have atomized individual producers operating in a highly volatile and half-gray market of mussel meat for human consumption, where market and bargaining power rests with the processing and depurating sector.
Bivalvia will open the mussel sector to the more robust economy of marine protein production with constantly growing demand and positive price dynamics.

Our product: regional eco-certified mussel meat for tourist industry; mussel meal for compound feed (fish, chicken, pets) and food supplements; shell powder for adsorbents and green concrete.

Market: Between 2013 and 2016, total mussel production in Croatia remained stable between 700 and 750 ton per year. European mussel aquaculture production peaked at 600 000 ton in the late 1990s and has since decreased to 480 000 ton (valued at €420 million) in 2016. Mussel production represents more than ⅓ of EU aquaculture production. The demand is temporarily substituted with imported mussel or other proteins. This decrease is our opportunity.

Our vision: In seven years ready for business expansion with a biorefinery (omega fatty acids, niacin, thiamin, Ca and Fe), environmental monitoring and additional aquaculture of crustaceans, algae, finfish – as well as going beyond waters of the Adriatic.

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