Climeworks raises CHF 600 million in equity funding

Climeworks announced today that it has signed an equity round of CHF 600 million. The financing is co-led by Partners Group (acting on behalf of its clients) and GIC, with further participation from Baillie Gifford, Carbon Removal Partners, Global Founders Capital, John Doerr, M&G, Swiss Re, as well as other new and existing shareholders including long-term investor and anchor shareholder BigPoint Holding AG. Since its foundation in 2009, Climeworks has pioneered direct air capture technology and is the most advanced industry player.

Lenz & Staehelin advises Climeworks. The team is led by Beat Kühni (Corporate/M&A) and includes Simone Ehrsam, Iliana Djagova, Céline Stähelin and Stephanie Buschta (all Corporate/M&A).