JuristsAn emerging climate technology company, which only raised $ 5.5 million in seed financing in the hope of bringing a neutral alternative to carbon to the market for airlines and shipping ships by the end of 2026.
Amsterdam’s startup company claims that it has emerged at a speed of low -cost technology and patented over the past two years that use sea water to withdraw carbon dioxide from sea water, creating large amounts of hydrogen in this process. The system, known as electrolysis, hydrogen and CO2, which can be stored and sold as sustainable flying fuel (SAF) and E-methanol for shipping. CEO, Jodfenor Svinson luck In an exclusive interview, the new financing will be used to expand the system to the experimental level, and to target a ready -made product by the end of next year.
“This (funding) allows us to do is really transferring our technology to the next stage,” said Svinson. “Access to these costs will be very low in capturing direct air is essential to extracting historical emissions from the atmosphere and storing them permanently, but also to expand low -cost energy methods such as electronic columns for charging and aviation.”
Sveinsson said that BrineWorks technology is designed for intermittent operation, allowing it only to operate on the “cheapest available electricity sources”: solar energy and wind. He said this helps to reduce costs and distinguishes his business model from competitors.
Svinson said that BrineWorks has partners in North America, Europe and Asia, and is looking to draw projects in North Africa and the Middle East “to start showing technology on larger ranges, and has offered that it works in different climates, which is very important to expand.”
The startup recently received a $ 1.8 million grant in financing from the European Innovation Council acceleration program, which invests in startups and small and medium -sized companies.
The company was founded in 2023 by Sveinsson, a Colombia University graduate with a background in climate and innovation policy, and Joseph Periman, the electrochemical scientist who completed his research after his doctorate at Stanford University. Perryman now works as CTO OF BRINEWORKS.
Seax Ventures, a global company for the Global Project in San Francisco, which has just launched a climate -focused box.
“I think they have penetration techniques,” said Kid Paralanon, founder and management partner at Six Vetshers, said. luck.
Seax Ventures often invest in early companies, including Bitkub, one of the largest exchanges for encryption in Southeast Asia, and Type One Energy, an integration power company worth between 214 and 321 million dollars after the main financing rounds in 2025.
Global Investments for Renewable Energy Development amounted to the first half of 2025, reaching $ 386 billion and 10 % for the previous year, according to Bloombergnef’s Renewable energy tracker. This growth has greatly motivated by international marine winds and small solar energy. International Energy Agency Global Energy Investment Reports estimate that capital flows to the energy sector are scheduled to rise to $ 3.3 trillion this year, while doubled renewable energy investments in investments towards fossil fuels. The report says that low emissions will represent $ 40 billion.
With the growth of renewable energy investment, companies are looking to distinguish themselves from competition.
“We have envisioned electricity in the future – and he is now here,” Periman said in the company’s release.
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