Brineworks, a climate-tech startup, just raised $5.5 million in seed funding in hopes of bringing a carbon-neutral alternative fuel to market for airlines and cargo ships by the end of 2026.
The Amsterdam-based startup claims it has rapidly developed a low-cost, patented technology over the past two years that uses seawater to pull CO2 from seawater, which creates significant amounts of hydrogen in the process. The system, known as electrolysis, produces hydrogen and CO2 that can be stored and sold as sustainable aviation fuels (SAF) and e-methanol for shipping. CEO Gudfinnur Sveinsson told Fortune in an exclusive interview that the new funding will be used to scale the system to pilot level, targeting a commercial-ready product by the end of next year.
“What this (funding) is allowing us to do is really to take our technology to the next stage,” Sveinsson said. “Getting to those very low costs in direct air capture will be key to both extract historical emissions ou
We współpracy z: https://fortune.com/2025/09/19/brineworks-funding-raise-exclusive/
