Climeworks raises CHF 600 million in latest equity round


“Climeworks announced that it has signed an equity round of CHF 600 million (USD 650 million), which marks a major milestone in the history of Climeworks and an even bigger step for the carbon removal industry. The funding will unlock the next phase of Climeworks’ growth, scaling direct air capture up to multi-million-ton capacity and implementing large-scale facilities as carbon removal becomes a trillion-dollar market.”