Climeworks has completed a CHF100 million funding round, in what the company says is the largest ever investment into direct air capture.
The funding will be used to further scale and optimise Climeworks’ direct air capture technology and make it accessible to even more stakeholders; individuals, businesses and organisations alike.
Climeworks is one of the global leaders in carbon dioxide removal. Its patented direct air capture technology removes carbon dioxide directly from the air. It uses clean, renewable energy, thereby providing a truly pure carbon dioxide removal solution.
Current customers include established businesses and organisations worldwide, all with ambitious climate targets, and a growing community of individuals inspired to take pioneering climate action with Climeworks.
“We are humbled by the commitment of our investors and thankful that we could achieve our target of raising CHF 100 million in order to substantially advance our carbon dioxide removal solutions. This investment will help us to implement the next steps of our scale-up roadmap as well as to improve our technology further. Our vision is to inspire 1 billion people to remove carbon dioxide from the air – and this investment will help us achieve that goal,” says Christoph Gebald, co-founder and co-CEO of Climeworks.