Terms
- Announced
- 15 Sept 2025
- Instrument
- Equity
- Amount
- US$5.87mReported as EUR 5 million seed (trade press: EUR 6.8 million including a separate EUR 1.8 million EIC Accelerator grant), converted at 1.1732 USD/EUR (September 2025 average)
- 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 SeaX Ventures Lead investor US$0.84m Estimated: an even share, 1 of 7 Pale Blue Dot Investor US$0.84m Estimated: an even share, 1 of 7 First Momentum Ventures Investor US$0.84m Estimated: an even share, 1 of 7 AiiM Partners Investor US$0.84m Estimated: an even share, 1 of 7 Smart Energy Innovationsfonds (SEIF) by Energie 360 Investor US$0.84m Estimated: an even share, 1 of 7 Satgana Investor US$0.84m Estimated: an even share, 1 of 7 Katapult VC Investor US$0.84m Estimated: an even share, 1 of 7
Carbon
- Pathway
- DAC
What happened
- Brineworks closed a EUR 5 million seed round led by SeaX Ventures, with Pale Blue Dot, First Momentum Ventures, AiiM Partners, Energie 360, Satgana and Katapult. The EUR 1.8 million EIC Accelerator grant reported alongside it is held separately as GR-001.
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