Climeworks Secures USD 162 Million to Scale Up Industry-Leading Carbon Removal Technology
Date: July 6, 2025
Climeworks, the global pioneer in Direct Air Capture (DAC) technology and a leading provider of comprehensive carbon removal solutions, has announced the successful raising of USD 162 million in new equity funding. This marks the largest carbon removal investment round worldwide in 2025 to date and brings Climeworks’ total capital raised since its inception to over USD 1 billion—a clear signal of strong investor confidence in the company’s technology and mission.
Key Investors and Leadership Commitment
The financing was led by main investors BigPoint Holding and Partners Group, accompanied by significant support from existing stakeholders. Climeworks’ co-CEOs Jan Wurzbacher and Christoph Gebald, together with CFO Andreas Aepli, formally signed off on the funding round, underscoring the leadership’s commitment to accelerating the company’s growth and technological advancement.
Advancing Direct Air Capture Technology
Climeworks plans to channel the new capital towards further development and scaling of its state-of-the-art DAC technology, aiming to drive down the costs associated with carbon dioxide removal. Building on the foundational success of its Orca plant, which validated their approach to capturing CO₂ directly from the air, the company is pushing forward with its Mammoth plant. Mammoth serves as a large-scale testing and scaling platform for innovative removal technologies.
Recent technological breakthroughs include doubling energy efficiency, amplifying throughput capacity, and significantly enhancing the lifespan of filter materials—milestones pivotal to making the world’s first profitable DAC plant a reality.
Expanding a Diverse Carbon Removal Portfolio
Beyond technology development, Climeworks is expanding its portfolio of carbon removal solutions to offer more tailored and blended options combining nature-based and engineered methods. This strategy enables businesses to commence removal investments with manageable risk while ascending toward higher-quality removals over time.
Currently, Climeworks boasts a secured supply of over 6 million tons of CO₂ removal and is uniquely positioned to meet rising global demand for both immediate and long-term removal solutions. Industry analysts foresee the carbon removal market expanding to USD 80 billion by 2030 and potentially reaching USD 1 trillion by 2050. Industry Partnerships Highlight Demand Growth
The company’s growing influence is reflected in recent collaborations, including:
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A strategic partnership with SAP to integrate carbon dioxide removal solutions within SAP’s net-zero initiatives and to co-develop end-to-end carbon management tools.
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An agreement with NYK, Climeworks’ first Japanese client, procuring a versatile carbon removal portfolio.
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A joint effort with TikTok and Two Drifters Distillery to remove over 6,000 tons of CO₂, showcasing cross-industry adoption of carbon removal services.
Climeworks’ Vision for the Future
Christoph Gebald, co-CEO and co-founder of Climeworks, emphasized the evolving status of DAC technology: “Direct Air Capture has gone from experiment to essential—and we’re focused on scaling it by driving down costs and pushing innovation. Our hybrid model builds long-term demand while generating cash flow today, helping us grow a market that investors now see as inevitable. Crossing the $1 billion equity mark isn’t just a milestone—it shows that carbon removal is real, needed, and here to stay.”
About Climeworks
Founded with the ambition to tackle climate change, Climeworks is a leading force in carbon removal, delivering both nature-based and engineered solutions to businesses and individuals worldwide. By providing tailored carbon removal portfolios and advancing proprietary DAC technology, the company plays a critical role in the global transition toward net-zero emissions.
For more information about Climeworks’ services, technology, and latest news, visit their official website.
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