Climeworks hits USD 1billion+ in Funding
Climeworks, the global pioneer in Direct Air Capture (DAC) technology and a leading provider of holistic carbon removal portfolios, has secured USD 162 million ...
Read more10.05.2024 10:00 Rita Longobardi
Climeworks, a leader in carbon dioxide removal technology, launches Mammoth, the world's largest direct air capture and storage plant in Iceland. Nearly ten times bigger than its predecessor, Orca, Mammoth represents a major achievement in coping with climate change. It promises high-quality carbon removal, advancing Climeworks' mission for a sustainable future.
Climeworks' Mammoth project, initiated in June 2022, utilizes a modular design with 12 of 72 collector containers already in place. Scheduled for completion in 2024, Mammoth aims to capture up to 36,000 tons of CO2 annually using renewable energy sourced from geothermal partner ON Power in Iceland. The captured CO2 is then stored underground through a natural process facilitated by Carbfix.
Christoph Gebald on stage at TOP 100 Swiss Startup Awards
Climeworks, the global pioneer in Direct Air Capture (DAC) technology and a leading provider of holistic carbon removal portfolios, has secured USD 162 million ...
Read more
Climeworks has signed an equity round of CHF 600 million (USD 650 million). The financing is co-led by Partners Group (acting on behalf of its clients) and GIC,...
Read more
Climeworks, a Zurich-based cleantech company, helps reverse climate change by removing CO2 out of the air and permanently storing it underground. What even in 2...
Read more