Largest carbon removal investment round globally year to date
Climeworks raises USD 162M to scale up technology
Climeworks, the global pioneer in Direct Air Capture (DAC) technology and leading provider of holistic carbon removal portfolios, has achieved a significant milestone by securing USD 162 million in additional equity funding — marking the largest carbon removal investment of 2025 to date globally.
This financing round underscores Climeworks’ commitment to scaling up and perfecting its cutting-edge technology to help significantly reduce the cost of carbon removals. This latest investment takes the company’s total funding since inception to over USD 1 billion, further solidifying its position as the industry leader.
Main investors of the funding round were BigPoint Holding and Partners Group, with additional backing mainly from other existing investors, reaffirming their strong commitment to Climeworks. This unwavering support underscores deep confidence in the company’s technology leadership, commercial momentum, and ambitious long-term mission to revolutionize carbon removal.
Developing best-in-class technology
The new capital will fuel the continued development of Climeworks’ best-in-class DAC technology to bring down the cost of removals. Climeworks has achieved major milestones in scaling its groundbreaking technology. Its first plant, Orca, successfully validated the company’s approach. In addition, the second plant, Mammoth, is driving further advancements by enabling scaling and large-scale testing of new removal technologies.
The company has already demonstrated significant advancements that will make its processes more efficient, including doubled energy efficiency, increased throughput, and a much longer filter material lifespan—key progress toward making the world’s first profitable direct air capture plant a reality.
Building the market with a more diverse removals portfolio
The funding will also allow Climeworks to continue expanding its carbon removal portfolio, providing tailored, blended solutions that help companies begin investment in removals, spread risk and progressively move up the quality curve.
Climeworks continues to expand its carbon removal portfolio offering as the number one carbon removal player. As demand grows, companies increasingly rely on nature-based and hybrid engineered solutions for near-term removal needs while increasing their focus on technical removals over time. Climeworks is uniquely positioned to meet both short- and long-term demand with a global portfolio that already includes > 6 million tons of secured supply. According to analysts, the carbon removal market is poised for a potential to reach 80 billion USD by 2030, growing to a trillion USD by 2050.
Christoph Gebald, co-CEO and co-founder of Climeworks says: "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.”
Other news from the department business & finance
Most read news
More news from our other portals
Last viewed contents
Finalists Announced for the ISC3 Innovation Challenge 2025 on “Sustainable Chemistry & Climate Change” - Ready, set, here are the Changemakers!
CustomCells secures its future with new investors - New investors secure development and production of state-of-the-art battery cells at the technology cluster in Itzehoe
HORIBA opens new Analytical Solution Plaza to support UK science and research
Check the sustainability of chemicals easily onlin - Freely available web application helps users of chemicals, including product manufacturers, to assess the sustainability of their products
Stretchable Electronics: Conductive Polymer Optimized for Wearable Biosensors - A deformable patch that measures the heart rate or detects biomarkers in the sweat and feels as soft and flexible as one's own skin
Producing Desired Epoxides from Pollutants - A new selective biocatalyst
Progress towards potassium-ion batteries - Alternative battery technologies are vital for the green transition
Analytica USA: Expert knowledge for research and practice - Special show Digital Transformation: a hands-on Smart Lab
Synthetic fuel from the offshore wind farm - The first offshore facility for synthetic fuel production was inaugurated as part of the H2Mare hydrogen flagship project of the Federal Government
Identifying chemicals of concern in plastics – and pathways towards safer polymers - New study on chemicals in plastics published in Nature
Bodo Möller Chemie consolidates market presence in Spain with Quitec takeover - Strategic course for growth in surface treatment
