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Climeworks

company

Climeworks is a leading direct air capture (DAC) company that develops, builds, and operates plants to remove carbon dioxide from the atmosphere. Their strategy focuses on scaling up DAC technology to achieve gigaton-scale CO2 removal by 2050, partnering with various industries for carbon removal services and secure geological storage solutions.

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Founded 2009
Technology CompanyDeveloperOperatorOEM/Equipment

Strategic Overview

  • Focus on scaling Direct Air Capture (DAC) technology to gigaton capacity by 2050.
  • Strong emphasis on partnerships for CO2 storage (e.g., Carbfix, Northern Lights) and carbon removal purchase agreements (e.g., Microsoft, BCG).
  • Actively pursuing government funding and incentives for DAC deployment, particularly in the US.

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Key People

Jan Wurzbacher
Co-CEO
Christoph Gebald
Co-CEO
Adrian Siegrist
CFO

Track Record

15
Years Active
Notable projects: Orca Direct Air Capture Plant (Iceland), Mammoth Direct Air Capture Plant (Iceland, under construction), Project Cypress DAC Hub (USA, selected for DOE funding)

Detailed Analysis

Technologies
Direct Air CaptureCarbon Capture, Utilization, and Storage
Sectors
Energy TransitionUtilities
Geographies
SwitzerlandIcelandUSANorwayCanadaGermany
Deal Stage
GreenfieldOperating

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