Fundz

Brineworks secures $2.2M in funding led by Pale blue dot to accelerate technical development of CO2 ocean extraction and low-cost green hydrogen production.

PRIVATESep 12, 2024

Amount Raised

$2.2 Million

Round Type

Seed

AmsterdamEnergyRenewable Energy

Investors

Pale Blue Dot

Description

Brineworks has secured $2.2 million in funding to enhance its seawater electrolyser technology for CO2 extraction and green hydrogen production. The investment will support the deployment of its first technical pilot project.

Quick answer

Brineworks raised $2.2 Million in a Seed round, dated September 12, 2024. Investors: Pale Blue Dot. Brineworks is based in Amsterdam, North Holland, Netherlands.

How much did Brineworks raise?
Brineworks raised $2.2 Million in a Seed round on September 12, 2024.
Who invested in Brineworks?
Pale Blue Dot is named as investors in this round.
What does Brineworks do?
Brineworks is an Amsterdam-based startup focused on CO2 ocean extraction and low-cost green hydrogen production.
Where is Brineworks based and how big is it?
Brineworks is based in Amsterdam, North Holland, Netherlands. Fundz records about 14 employees.
Who are the decision-makers at Brineworks?
Fundz holds 1 contact at Brineworks. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Brineworks that raised within 45 days of this round, from Fundz verified event records.

  • Electra Battery Materials Corporation raised $5M (Convertible Note) on October 27, 2024.
  • BURN raised $15M (Debt Financing) on October 26, 2024.
  • Pacific Fusion raised $900M (Series A) on October 25, 2024.
  • Matteco raised $16M (Series A) on October 25, 2024.
  • GreenHY2 raised $432K (Seed) on October 25, 2024.
  • Cool Planet Technologies raised $26M (Series A) on October 24, 2024.

Who to call at Brineworks, and when

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Company Information

Company

Brineworks

Location

Amsterdam, North Holland, Netherlands

About

Brineworks is an Amsterdam-based startup focused on CO2 ocean extraction and low-cost green hydrogen production. Their seawater electrolyser boasts industry-leading efficiency in extracting CO2 while co-producing green hydrogen. This innovative technology aims to provide sustainable energy solutions to heavily emitting industries like maritime and aviation. The company is committed to setting new standards in energy sustainability and cost-effectiveness.

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Related People

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Brineworks raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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