Climeworks raises CHF 73M (USD 75M) – the largest ever private investment into direct air capture

News | 02.06.2020

New funding will help to further scale the Climeworks solution

Climeworks has successfully raised CHF 73 million (USD 75 million) in equity from private investors. This is the largest private investment into direct air capture to date. The funding will help to drive forward the company’s scale-up roadmap and expand its carbon dioxide removal capacities.

Climeworks' direct air capture plant in Hinwil, Switzerland

Climeworks' direct air capture plant in Hinwil, Switzerland

Although the world is struck by a global pandemic, the urgency of the climate crisis does not subside. Investment in the large-scale deployment of climate solutions provides the opportunity to stimulate economies and build a more resilient world – meaning every dollar invested works harder, bringing additional benefit.

Private investors have again confirmed their trust in Climeworks' technology as a solution to help stop global warming and invested a further CHF 73 million (USD 75 million) in equity – the largest private investment ever made into direct air capture. This brings the total sum invested in Climeworks since it was founded in 2009, to over CHF 120 million.

Key take-aways:
  • Climeworks has successfully raised an investment of CHF 73 million (USD 75 million) in equity from private investors
  • Largest investment ever made into direct air capture

For the full English press release, see here.
For the full German press release, see here.

Learn more about our solutions