Climeworks
Climeworks Raises $650M in Series F
Quick Facts
Climeworks Raises $650M in Series F
Climeworks has successfully raised $650M in a Series F at a $2B valuation led by Partners Group, GIC, John Doerr, M&G Investments, Baillie Gifford.
Company Overview
Climeworks is a Climate Tech company headquartered in Birchstrasse 155, Zurich 8050, Switzerland, founded in 2009 with 400+ employees.
Direct air capture of CO2
Fundraising Details
- Amount Raised: $650M
- Round Type: Series F
- Valuation: $2B
- Date: 2024-05-08
- Investors: Partners Group, GIC, John Doerr, M&G Investments, Baillie Gifford
About Climeworks
Direct air capture of CO2 The company is positioned in the Climate Tech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Birchstrasse 155, Zurich 8050, Switzerland
- Founded: 2009
- Team Size: 400+
- Industry: Climate Tech
What This Means
This funding round demonstrates strong investor confidence in Climeworks's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Climate Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Climeworks's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $2B valuation marks an important milestone for Climeworks, positioning the company among notable players in the Climate Tech industry.
Looking Ahead
With this new capital, Climeworks is well-positioned to execute on its growth strategy and continue building innovative solutions in the Climate Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-05-08. For more information about Climeworks, visit their headquarters at Birchstrasse 155, Zurich 8050, Switzerland.
About the Author
Related Company Reports
ConCntric Raises $10M in Series A
ConCntric, a PropTech company based in Austin, TX, has raised $10M in Series A at a $55M valuation led by Foundry Group, Fifth Wall.
Glue Raises $20M in Series A
Glue, a SaaS company based in San Francisco, CA, has raised $20M in Series A at a $100M valuation led by Kleiner Perkins, General Catalyst.
Glean Raises $260M in Series F
Glean, a AI/ML company based in Palo Alto, CA, has raised $260M in Series F at a $4.6B valuation led by Kleiner Perkins, Lightspeed, Sequoia.