What is Climeworks?
Climeworks operates at the intersection of engineering and environmental sustainability, specializing in direct air capture (DAC) technology. The company empowers global efforts to reverse climate change by permanently removing carbon dioxide from the atmosphere. Once captured, the CO2 is either stored safely underground for geological timescales or upcycled into climate-friendly products, such as carbon-neutral fuels and materials. Founded by Christoph Gebald and Jan Wurzbacher, the firm utilizes modular, clean-energy-powered collectors that can be scaled to meet the demands of enterprise-level carbon removal requirements. This modularity allows for rapid deployment and integration into existing industrial frameworks, positioning Climeworks as a critical player in the global transition to net-zero emissions.
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 Zurich Cantonal Bank
Other Financing Round (2020): $76M, investors not publicly disclosed
Unspecified (2022): $650M supported by GIC, Carbon Removal Partners, Partners Group, Baillie Gifford, and Global Founders Capital
Private Equity (2025): $162M featuring Partners Group
Key Investors in Climeworks
Partners Group
Partners Group is a global private market investment manager, serving institutional investors. The company is headquartered in Switzerland and provides tailored mandates and evergreen funds for private market solutions.
Global Founders Capital
Global Founders Capital is a global early-stage investor that empowers gifted entrepreneurs by backing them from pre-seed to IPO, focusing on category-defining ventures.
Zurich Cantonal Bank
Zürcher Kantonalbank is a leading universal bank headquartered in Switzerland, offering a comprehensive range of financial products including business financing and capital market transactions.
What's next for Climeworks?
With the recent influx of capital, Climeworks is poised to accelerate the deployment of its next-generation carbon removal facilities. The strategic focus will likely shift toward optimizing operational efficiency and expanding the physical footprint of its DAC plants to achieve economies of scale. As the regulatory landscape for carbon credits matures, the company is well-positioned to capitalize on the increasing demand from corporations seeking to offset their residual emissions through high-quality, permanent removal solutions. Future growth will be defined by the firm's ability to integrate its technology into broader energy grids and industrial clusters, further cementing its role as a cornerstone of the global climate mitigation strategy.
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