# Brineworks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/brineworks-b-v

- Industry: Power & Utilities
- Headquarters: Amsterdam, Netherlands
- Website: www.brineworks.tech
- Total disclosed funding: $5.8M
- Latest round: Seed (Sep 10, 2025)
- Investors on record: 6

## About

Based in Amsterdam, Netherlands, and founded in 2023 by its CEO Gudfinnur Sveinsson, and CTO Joseph T. Perryman, Brineworks B.V. operates as a provider of commercialization for the extraction of carbon-negative materials from industrial waste streams. In September 2023, Brineworks B.V. raised pre-seed funding from Aligned Ventures, First Momentum Ventures, Nucleus Capital, and Satgana. In September 2025, Brineworks B.V. raised EUR 5 million in seed funding led by new investor SeaX Ventures, with participation from other new investors AIIM Partners, Energie360°, and Katapult. Returning investors First Momentum Ventures and Pale Blue Dot also participated in the round. The round was part of a larger EUR 6.8 million in seed and grant funding.

Brineworks specializes in the development and production of raw materials derived from desalination brine. Through processes and technology, the company transforms this often overlooked byproduct into valuable resources essential for various industries. Additionally, Brineworks is actively involved in CO2 removal initiatives, utilizing its expertise to contribute to global efforts to combat climate change.

The company will use the September 2025 funding to scale its carbon capture system and support clean fuel production.

## Funding rounds

- Seed, Sep 10, 2025, $5.8M — First Momentum Ventures, Katapult, AIIM Partners, SeaX Ventures, Pale Blue Dot, Energie360°

## Investors

- First Momentum Ventures (https://capitalatlas.ai/funds/first-momentum-ventures) — Seed
- Katapult (https://capitalatlas.ai/funds/katapult) — Seed
- AIIM Partners (https://capitalatlas.ai/funds/aiim-partners) — Seed
- SeaX Ventures (https://capitalatlas.ai/funds/seax-ventures) — Seed
- Pale Blue Dot (https://capitalatlas.ai/funds/pale-blue-dot) — Seed
- Energie360° — Seed