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.
Sep 12, 2024•over 1 year ago
Amount Raised
$2.2 Million
Round Type
seed
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers