Amsterdam-based startup Brineworks has raised €2 million in funding led by VC firm Pale blue dot to further develop its seawater electrolysis technology for e-Fuel production. The investment signifies a strong belief in Direct Ocean Capture (DOC) technology and its potential to revolutionize the e-Fuel industry. Brineworks' innovative technology enables the extraction of CO2 and H2 from seawater, offering a sustainable and cost-effective solution for large-scale e-Fuel production, essential for decarbonizing high-emission sectors such as maritime and aviation. The company's recent advancements have significantly lowered the cost of CO2 extraction to below $100 per ton, setting a new standard in the industry. This approach contrasts with Direct Air Capture methods, which typically cost between $230 and $630 per metric ton of CO2. The seawater electrolyzer not only facilitates efficient CO2 extraction but also produces green hydrogen at a low cost, providing an additional revenue stream. Moreover, this process promotes energy sustainability by offering decentralized and self-sufficient energy solutions that reduce dependence on traditional grid systems and fossil fuels. With the new investment, Brineworks plans to accelerate its technical development and implement its first pilot project, bringing the vision of sustainable e-Fuel production closer to reality.