Climeworks hits USD 1billion+ in Funding
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Climeworks, the global pioneer in Direct Air Capture (DAC) technology and a leading provider of holistic carbon removal portfolios, has secured USD 162 million in additional equity funding — marking the largest carbon removal investment worldwide so far in 2025.
Climeworks has reached a new funding milestone, raising USD 162 million in equity to accelerate the scaling of its Direct Air Capture (DAC) technology. This latest investment highlights growing confidence in Climeworks’ approach to carbon removal and advances its total funding beyond USD 1 billion.The round was led by BigPoint Holding and Partners Group, with strong participation from existing investors, reflecting confidence in Climeworks’ technology and growth prospects. The new capital will support further development of DAC technology to reduce carbon removal costs, building on milestones achieved by its Orca and Mammoth plants, which have improved energy efficiency, throughput, and filter lifespan.
Additionally, Climeworks plans to expand its carbon removal portfolio, offering tailored solutions that combine nature-based and engineered removals to meet evolving market demand. With over six million tons of secured supply, Climeworks is positioned to serve a market expected to reach USD 80 billion by 2030 and potentially USD 1 trillion by 2050.
The Cleantech company participated in Venture Leaders China in 2017, was ranked among the TOP 100 Swiss Scale-ups in 2019 and TOP 100 Swiss Startups from 2011 to 2014, and won the final stage of Venture Kick in 2010.
From left to right: Co-CEOs and founders Jan Wurzbacher and Christoph Gebald, as well as CFO Andreas Aepli, signing the final legal documents
Climeworks AG: Capturing CO2 from air
Capturing CO2 from air with the world’s first commercial carbon removal technology. Our direct air capture plants remove CO2 from the atmosphere to supply to customers and to unlock a negative emissio... Read more
