Climeworks, a Zurich, Switzerland-based Direct Air Seize (DAC) expertise firm, raised USD 162M in funding.
Backers weren’t disclosed.
The corporate intends to make use of the funds to proceed increasing its carbon removing portfolio offering new options and consolidate its marker place.
Led by co-CEOs Jan Wurzbacher and Christoph Gebald, and CFO Andreas Aepli, Climeworks is a carbon removing supplier, combining experience in Direct Air Seize (DAC) expertise with carbon removing options. It affords an end-to-end enterprise service for premium carbon removing by its portfolios of nature-based and engineered options are designed to optimize enterprise worth and reduce dangers.
Its first plant, Orca, validated the corporate’s method. As well as, the second plant, Mammoth, is driving additional developments by enabling scaling and large-scale testing of latest removing applied sciences.
This funding introduced the corporate’s whole funding since inception to over USD 1 Billion.
FinSMEs
03/07/2025
