Climeworks
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Climeworks

http://www.climeworks.com/
Last activity: 04.05.2024
Categories: MaterialsITFoodTechTechnologySupplyBeverageAutomationAgriTechEnergyTechCommerce
Climeworks develops, builds and operates Direct Air Capture (DAC) machines to capture CO₂ directly from the air, with 15 machines currently in operation. The captured carbon dioxide can either be recycled and reused as a raw material or completely removed from the air by safely storing it underground, permanently. The raw material, pure CO₂ gas, is used by customers in industries such as commercial agriculture, energy, food and beverage and automotive, for uses such as carbonating drinks or for producing carbon-neutral hydrocarbon fuels and materials. By using Climeworks’ CO₂, customers can reduce their overall emissions as well as lowering their dependence on fossil energy.
Mentions
137
Total raised: $866.86M

Investors 6

Funding Rounds 4

DateSeriesAmountInvestors
06.04.2022-$650M-
02.09.2020-$109.72M-
02.06.2020-$75.91M-
28.08.2018-$31.23M-

Mentions in press and media 137

DateTitleDescription
04.05.2024Current carbon removal plans inadequate to meet Paris Agreement goals-
17.04.2024Climeworks expands its business model beyond direct air capture-based removals Starting today, Climeworks offers holistic, high-quality carbon removal portfolios. Under the new Climeworks Solutions offering, portfolios are tailored to the individual needs of companies and are comprised of both engineered and nature-b...
17.04.2024Climeworks branches into carbon removal tradingClimeworks, one of the earliest and most prominent companies trying to draw carbon out of the air for a profit, is branching out via a carbon removal portfolio company called Climeworks Solutions. Why it matters: This move, announced Wednes...
05.04.2024Policy push for carbon removal credits lures finance, aviationSAN FRANCISCO: Demand for credits reflecting the engineered removal of carbon dioxide from the atmosphere is expected by some to surge as market-friendly incentives lure buyers from sectors as diverse as technology and finance, chemicals an...
20.02.2024EU Takes Groundbreaking Step With CO2 Removal Certification FrameworkInno Flores, Tech Times 20 February 2024, 08:02 pm EU is solidifying regulations regarding the removal of CO2 from the atmosphere. An interim accord is set to institute a unique certification procedure for technologies that extract carbon d...
24.10.2023From Buildings To Ocean Water, Startups Are Finding More Places To Stow Carbon18 Shares Email Facebook Twitter LinkedIn There is too much carbon in the atmosphere, and we have to find somewhere else to put it. Preferably, somewhere stable and contained. Maybe deep underground. Potentially in some concrete. Or perhaps...
29.09.2023Switzerland strengthens ties in Japan: new opportunities for startups
11.08.2023Climeworks successfully executes US expansion plans
19.07.2023A startup using AI to help with clean energy procurement just raised $5.75 million from Coatue. Check out the 8-slide pitch deck Verse used to secure the cash.Verse cofounders Matt Penfold and Seyed Madaeni. Verse This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Verse, a startup using AI and optimization for clean energy procurement, just raised...
18.07.2023Guardians of Tomorrow: securing a sustainable future — Interview with Christoph Gebald, CEO and founder of ClimeworksGuardians of Tomorrow: securing a sustainable future — Interview with Christoph Gebald, CEO and founder of Climeworks 18.07.2023 12:00, Rita Longobardi linkedIn facebook twitter instagram youtube --> During the summer months, we ask peop...
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