Climeworks raises USD 162 million in equity funding

Climeworks announced that it has closed a financing round and raised equity of USD 162 million, marking the largest carbon removal investment of 2025 to date globally. The financing is co-led by BigPoint Holding and Partners Group (acting on behalf of its clients), with additional backing mainly from other existing investors. Climeworks’ latest financing brings its total funding since inception to over USD 1 billion. Climeworks is a global pioneer in direct air capture (DAC) technology and a leading provider of holistic carbon removal portfolios.

Lenz & Staehelin advises Climeworks. The team is led by Beat Kühni (Corporate/M&A) and includes Joël Rupp, Julia Wepfer, Dominik Florek (all Corporate/M&A) and Patrick Schärli (Capital Markets).