What is Climeworks?
Climeworks empowers individuals and industries to combat climate change by permanently removing atmospheric carbon dioxide. The captured CO2 is either sequestered geologically for millions of years or upcycled into sustainable products like carbon-neutral fuels and materials. Their direct air capture technology operates exclusively on clean energy, featuring modular collectors that can be scaled to meet diverse needs. Founded by engineers Christoph Gebald and Jan Wurzbacher, Climeworks aims to mobilize a global movement to actively remove CO2 and foster a climate-positive world.
How much funding has Climeworks raised?
Climeworks has raised a total of $891.2M across 4 funding rounds:
Series B
$3.2M
Other Financing Round
$76M
Unspecified
$650M
Private Equity
$162M
Series B (2014): $3.2M with participation from Zürcher Kantonalbank
Other Financing Round (2020): $76M, investors not publicly disclosed
Unspecified (2022): $650M supported by GIC, Global Founders Capital, Partners Group, Carbon Removal Partners, and Baillie Gifford
Private Equity (2025): $162M featuring Partners Group
Key Investors in Climeworks
GIC
GIC is a significant global investor, likely contributing to Climeworks' enterprise-level funding round with a focus on long-term strategic assets.
Global Founders Capital
Global Founders Capital, a global early-stage investor with a history of backing category-defining ventures, has provided backing to Climeworks, indicating a belief in the company's disruptive potential.
Partners Group
Partners Group, a global private market investment manager, has invested in Climeworks, signaling confidence in the company's growth prospects and its role in the burgeoning carbon removal market.
What's next for Climeworks?
The substantial enterprise-level funding and recent strategic investment indicate Climeworks is poised for significant expansion and technological advancement. This capital infusion will likely accelerate the scaling of their direct air capture facilities, enhance operational efficiency, and potentially drive further innovation in CO2 upcycling technologies. The company's trajectory suggests a move towards broader market penetration and establishing larger-scale carbon removal projects globally, solidifying its position as a leader in the climate tech sector.
See full Climeworks company page
