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1h ago

Brineworks Raises €6.8 Million Seed and Secures EU Grant to Scale Electrolyser-Based Direct Air Capture

The Amsterdam startup will use the new capital to advance a pilot of its hydrogen‑co‑producing DAC system, aiming for commercial readiness by late 2026.

Brineworks plans to scale business that runs on solar and wind power.

Overview

  • The round totals €8.8 million with a €6.8 million seed led by SeaX Ventures and a €1.8 million European Innovation Council Accelerator grant, alongside Pale Blue Dot, First Momentum, AiiM Partners, Energie360°, and Katapult.
  • Brineworks is developing a patented electrolyser that captures CO2 from air while co‑producing hydrogen, designed to run flexibly on intermittent solar and wind power.
  • The company plans to scale from a validated prototype to a pilot system next, with the goal of a market‑ready product by the end of 2026.
  • Outputs are aimed at supplying CO2 and H2 feedstocks for sustainable aviation fuels and e‑methanol to help decarbonize aviation and shipping.
  • Leadership asserts a pathway to CO2 capture below $100 per ton, a claim that remains company‑reported and awaits independent validation during pilot and scale‑up.