Terms
- Announced
- 15 Sept 2024
- Instrument
- Equity
- Amount
- US$2.22mReported as EUR 2 million, converted at 1.1106 USD/EUR
- Source
- brineworks.tech
Parties
- Project developer
- Brineworks B.V.
- Recipient type
- Technology company
- Country
- Netherlands
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Pale Blue Dot Lead investor US$2.22m Sole provider: the whole transaction
Carbon
- Pathway
- DAC
What happened
- Brineworks secured a EUR 2 million pre-seed round led by Pale blue dot to advance its carbon removal technology platform and lay the groundwork for pilot deployment.
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