Climeworks in brief
2023 Climeworks provides third-party verified CDR services, performed at Orca, to its first corporate customers: Microsoft, Shopify, and Stripe. Additionally, JPMorgan Chase and Climeworks sign a landmark CDR agreement that heralds a new standard in the voluntary carbon market for direct air capture, valued above USD 20M. Furthermore, the U.S. Department of Energy selects three out of three DAC Hub applications that Climeworks participates in. This positions Climeworks as one of the prospective recipients of funding from the dedicated $3.5 billion fund, aimed at scaling direct air capture technology to help combat climate change.
2022 Climeworks raises CHF 600 million and is named as one of TIME100 Most Influential Companies of 2022. On top of that, we announced the groundbreaking of Mammoth, our newest and largest plant, which, when fully operational, will have a nominal CO₂ capture capacity of 36,000 tons per year. For more detailed information about our 2022 highlights, please take a look here.
2017 Climeworks commissions the world’s first commercial-scale direct air capture plant in Switzerland and the world’s first carbon dioxide removal plant in Iceland.
2014 The concept of modular CO₂ collectors is developed.
2011 Climeworks closes its first financing round, providing for the construction of a first demonstration prototype, scaled up by a factor of 1000.
2009 Jan and Christoph founded Climeworks, developing their direct air capture technology during their doctoral studies at the Professorship of Renewable Energy Carriers of ETH Zurich.
Climeworks is a global leader in carbon dioxide removal (CDR) as a service via direct air capture (DAC) technology, empowering companies to advance their net zero roadmaps and fight global warming.
Climeworks is spearheading the DAC industry globally, with the world’s only commercial DAC facility combined with storage installation in operation, modular CO2 collectors designed for scalability, and facilities running exclusively on clean energy. Their growing customer base counts over 160 companies, including multinationals such as Microsoft, BCG, UBS, and JPMorgan.
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