Amsterdam-based Brineworks, an organization specialised in seawater electrolysis know-how, has secured €6.8M in a brand new funding spherical led by SeaX Ventures.
Contentlockr
SeaX Ventures is a world enterprise capital agency that invests in deep-tech startups creating revolutionary options for the longer term.
The agency goals to assist entrepreneurs who’re creating applied sciences that may enhance GDP development by 1 per cent and reduce world carbon emissions by 1 per cent within the subsequent decade.
“At SeaX, we’re all the time in search of visionary founders fixing large issues with science-backed options, and Brineworks is precisely that,” says Dr. Child Parchariyanon, Founder and Managing Associate at SeaX Ventures. “Their group is rethinking how we sort out carbon elimination and clear gas from the bottom up, with an strategy that’s as formidable as it’s mandatory. This funding marks an inflexion level for Brineworks, and we imagine they’ve the potential to meaningfully scale back world emissions. Supporting them aligns instantly with our aim of serving to to chop 1% of the world’s carbon footprint—we’re proud to be a part of their journey.”
Collaborating traders embody Pale Blue Dot, First Momentum, AiiM Companions, Energie360°, and Katapult.
On different information, Eindhoven-based Carbyon unveiled Carbyon GO, a DAC machine, showcasing the potential for scalable and inexpensive carbon seize.
Advancing on two fronts
Along with this, the Dutch firm has additionally been awarded a €1.8M grant from the European Innovation Council (EIC) Accelerator to additional advance R&D and pilot deployment.
At present, the Dutch firm is advancing on two fronts concurrently.
“Analysis continues to focus on value downs (vitality use, stack design, supplies) whereas area pilots validate efficiency underneath variable climate, energy intermittency, and operational cycles,” says Gudfinnur Sveinsson to Silicon Canals.
The outcomes from these exams will assist them enhance designs and manufacturing to additional scale back prices.
Funding and challenges
The brand new funding will probably be used to develop the system for testing, to be prepared for business use by the tip of 2026.
Nevertheless, the Dutch firm has its personal set of challenges.
“For Brineworks, the important thing challenges embody manufacturing electrolysers at quantity, securing the lowest-cost renewable energy at websites with ample interconnection, and constructing early markets that recognise the worth of unpolluted CO₂ and H₂. Extra work contains website choice and allowing for appropriate pilot places,” says Gudfinnur Sveinsson.
If Brineworks meets its targets, airways might begin utilizing carbon-neutral fuels earlier than the last decade ends.
The announcement comes over a yr after elevating $2.2M (roughly €2M) in funding led by VC agency Pale blue dot.
Brineworks: Specialised in seawater electrolysis know-how
Based by Gudfinnur Sveinsson and Dr. Joseph Perryman, Brineworks has developed seawater electrolysis know-how that permits sustainable and inexpensive extraction of CO2 and H2 from the ocean.
The corporate goals to construct a scalable answer to decarbonise hard-to-abate sectors like aviation and maritime.
The Amsterdam-based firm has created a brand new know-how utilizing a particular electrolyser that makes Direct Air Seize (DAC) very inexpensive whereas additionally producing hydrogen (H₂).
Brinwork says that these outputs are essential for creating sustainable aviation fuels (SAF) and e-methanol for transport, each of which want efficient carbon-neutral options.
As an illustration, aviation contributes 2.5 per cent of worldwide CO₂ emissions, and demand is on the rise, whereas transport accounts for over 3 per cent.
Explaining in regards to the use instances, Sveinsson says, “Our H₂ stream can function a feedstock for e-fuels in highway transport and off-road equipment, mix into pure gasoline grids, and assist fertiliser and chemical manufacturing through inexperienced ammonia and methanol. Additionally it is related for course of warmth and discount in inexperienced metal manufacturing. Over time, distributed H₂ hubs close to renewable sources might provide native business whereas avoiding long-distance hydrogen transport.”
Specializing in flexibility
Not like standard programs, Brineworks’ electrolyser is designed for intermittent operation, enabling it to observe renewable energy availability with out degrading efficiency.
“Flexibility is central to the structure,” says Sveinsson. “The system can function intermittently and ramp with variable renewable availability – equivalent to photo voltaic, wind, and hydro – decreasing dependence on agency grid energy and permitting direct use of low-price, otherwise-curtailed electrical energy.”
This functionality solves a long-standing technical problem — tips on how to make DAC work reliably with low-cost supplies in a renewable-powered grid.
Going past fuels
Carbon elimination is an rising trillion-dollar market the place low-cost direct air seize (DAC) know-how will probably be important for reaching net-zero targets.
“Clear CO₂ streams can be utilized in varied sectors, together with controlled-environment agriculture (like greenhouses), drinks (equivalent to carbonated drinks), and constructing supplies (together with cement and carbon-cured concrete), all of which worth verified low-carbon CO₂. Moreover, in the long term, combining captured CO₂ with inexperienced hydrogen can create alternatives for producing beneficial merchandise within the plastics business,” concludes Sveinsson.
