Climeworks - About the company
Climeworks is a series E company based in Zurich (Switzerland), founded in 2009. It operates as a Provider of direct air capture technology and carbon removal services. Climeworks has raised $1B in funding from investors like Microsoft, GIC and Partners Group, with a current valuation of $1.08B. The company has 363 active competitors, including 104 funded and 13 that have exited. Its top competitors include companies like Carbon Clean, CarbonCapture and Heirloom.
Sectors and market segments that Climeworks operate in
Climeworks serves in the Environment Tech, Sustainability Tech market segments.The primary business model of Climeworks are:Company Details
Provider of direct air capture technology and carbon removal services. The company offers end-to-end carbon removal solutions and tailored portfolios. It combines engineered and nature-based solutions for forward-thinking companies. The company focuses on developing direct air capture technology and scaling the industry. It also provides resources, customer stories, and guides related to carbon removal.
- Website
- climeworks.com
- Email ID
- *****@climeworks.com
- Phone Number
- +41 **********
- Registered Address
- Unter Krahnenbäumen 9, 50668 Köln
Key Metrics
Founded Year
2009
Location
Zurich, Switzerland
Stage
Series E
Total Funding
$1B in 14 rounds
Latest Funding Round
Post Money Valuation
$1.08B as on Apr 06, 2022
Ranked
9th among 363 active competitors
Employee Count
398 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Climeworks
Climeworks is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CLIMEWORKS CORPORATION CIN: 35-2761360 , United States, Active | Jan 14, 2020 | - | 15 (As on Dec 31, 2023) | - |
Climeworks Ag CIN: 963278 , Switzerland, Active | Jun 07, 2024 | - | - | - |
Climeworks Deutschland GmbH CIN: R3306_HRB99405 , Germany, Active | Aug 04, 2016 | - | 30 (As on Dec 31, 2023) |
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Climeworks's funding and investors
Climeworks has raised a total funding of $1B over 14 rounds. Its first funding round was on Jul 07, 2009. Its latest funding round was a Series E round on Jul 02, 2025 for $162M. 2 investors participated in its latest round. Climeworks has 17 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Climeworks:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 02, 2025 | $162M | Series E | - | - | - | |
Apr 05, 2022 | $650M | Series E | $1.08B | - | ||
Jan 29, 2021 | Undisclosed | Series D | - | - | - |
View details of Climeworks's funding rounds and investors
Climeworks' founders and board of directors
Founder? Claim ProfileClimeworks' Board of Directors
Climeworks's board has 11 active members. Jan Andre Wurzbacher, Adrian Matthias Siegrist, Christoph Gebald and Andreas Aepli are part of team and Christian Marcus Ferber, Maurits Frederik Hendrik Van Tol, Martin Nikolaus Burkhardt, Syrie Vanessa Crouch, Alfred Gantner, Ulf Berg and Ann-kristin Koch are independent board members.Here is the list of Climeworks' board of directors:
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Climeworks' employee count trend
Climeworks has 398 employees as of Aug 26. Here is Climeworks's employee count trend over the years:
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Climeworks's Competitors and alternates
Top competitors of Climeworks include Carbon Clean, CarbonCapture and Heirloom. Here is the list of Top 10 competitors of Climeworks, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Carbon Clean 2009, London (United Kingdom), Series C | Developer of technology for industrial carbon capture and utilisation solutions | $243M | 68/100 | |
2nd | CarbonCapture 2019, Los Angeles (United States), Series A | Developer of modular direct air capture systems and carbon removal credits | $115M | 63/100 | |
3rd | Heirloom 2020, San Francisco (United States), Series B | Provider of direct air capture technology for permanent carbon dioxide removal | $203M | 62/100 | |
4th | Provider of large-scale reforestation-based carbon removal. It undertakes native, biodiverse reforestation projects to remove significant amounts of atmospheric carbon. The company works with landowners, utilizing various financial models including outcome bonds, to facilitate these projects. This approach aims to restore degraded land, promote biodiversity, and create economic opportunities. It focuses on building long-term partnerships and employing scientific methods to ensure the integrity and effectiveness of its carbon removal initiatives. | $89.2M | 62/100 | ||
5th | Charm Industrial 2018, San Francisco (United States), Series B | Operator of carbon removal technology converting biomass into bio-oil for sequestration | $108M | 62/100 | |
6th | Provider of biochar for carbon removal and sustainable agriculture solutions | $38.9M | 61/100 | ||
7th | Summit Carbon 2021, Ames (United States), Series A | Operator of a pipeline system for carbon dioxide capture and transport | $1.32B | 60/100 | |
8th | UNDO 2022, London (United Kingdom), Series B | Provider of carbon removal services | $12M | 60/100 | |
9th | Climeworks 2009, Zurich (Switzerland), Series E | Provider of direct air capture technology and carbon removal services | $1B | 60/100 | |
10th | AirCapture 2018, Berkeley (United States), Series A | Online platform offering carbon capture solutions | $50M | 59/100 |
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Climeworks's Investments and acquisitions
Climeworks has acquired Antecy. Climeworks has not made any investments as of now.Reports related to Climeworks
Here is the latest report on Climeworks's sector:
News related to Climeworks
Media has covered Climeworks for a total of 6 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
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Climeworks expands advisory services for 'rapidly evolving' carbon removals marketBusinessGreen•Jul 27, 2026•Climeworks
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NTT DATA partners with Climeworks for carbon removal creditsDataCenterNews•May 01, 2026•NTT DATA, Climeworks
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Tapestry and Climeworks Announce Carbon Removal Partnership To Advance Innovative Climate ActionAccess Newswire•Feb 17, 2026•Climeworks, Tapestry
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Climeworks opens 'world's largest' direct air capture research centreBusinessGreen•Dec 04, 2025•Climeworks
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Climeworks inks 'largest-ever' CO2 removal deal with Schneider ElectricBusinessGreen•Sep 19, 2025•Schneider Electric, Climeworks
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Climeworks: The Next Big Thing in Climate Tech, Funding Exceeds $1BTechnologymagazine•Jul 08, 2025•Climeworks, TikTok
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Climeworks secures $162M to scale up carbon removal technologyStartupticker•Jul 03, 2025•Climeworks, Bigpoint, Partners Group
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Climeworks secures $162M to advance carbon removal with direct air capture technology.Tech Funding News•Jul 02, 2025•Climeworks, Bigpoint, Partners Group
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Carbon Removal Startup Climeworks Fundraising Moves Past $1 BillionThe Wall Street Journal•Jul 02, 2025•Climeworks
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