Climeworks Secures $162 Million in Landmark Carbon Removal Investment
Zurich, Switzerland — Climeworks, a global leader in Direct Air Capture (DAC) technology, has announced a groundbreaking achievement with the successful acquisition of $162 million in new equity funding. This marks the largest carbon removal investment of 2025 to date, propelling the firm’s total funding past the $1 billion milestone.
Led by BigPoint Holding and Partners Group, with strong support from existing investors, this financing round highlights the unwavering confidence in Climeworks’ commitment to advancing its technology and reducing carbon removal costs. The investment will accelerate the development of Climeworks’ innovative DAC technology, building on the success of its first facility, Orca, and the next plant, Mammoth, which further enhances large-scale testing and technology scaling.
Climeworks has made notable strides in improving its operations, including doubling energy efficiency and extending the lifespan of its filter materials—pivotal advancements that aim to make their DAC system profitable. As the company enhances its technology, it also diversifies its carbon removal portfolio, offering tailored solutions that enable businesses to invest in carbon removal while mitigating risks.
With over 6 million tons of carbon removal secured, Climeworks is strategically positioned to meet the growing demand in a rapidly evolving market. Analysts predict the carbon removal sector could soar to $80 billion by 2030 and even reach $1 trillion by 2050.
Co-CEO Christoph Gebald stated, "Direct Air Capture has transitioned from experimental to essential. We’re focused on scaling it and driving down costs. Crossing the $1 billion equity threshold reaffirms that carbon removal is not just a necessity but a lasting reality."
As Climeworks leads the charge in carbon management innovation, it paves the way for a more sustainable future.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
