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Climeworks
Carbon dioxide removal as a service
- 201-500 employees
- B2B
- Sustainability
- Environmental
- Science
- Oerlikon, Zürich, ZH
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Company mission
To impact climate at scale and inspire 1 billion people to join them.
Our take
In the global fight against climate change, it is not only necessary to reduce emissions but also to remove carbon dioxide already released into the atmosphere. Climeworks is a company doing just this, operating direct air capture (DAC) to remove unavoidable and historic CO₂ emissions.
The company's DAC technology works in a 3-step process. Air is drawn in to a "collector" where it passes through a filter which traps CO₂ particles. Then, when the filter is full the collector closes and heats up. This causes the release of the trapped carbon dioxide, at which point it can be collected.
Once carbon dioxide is collected, it is permanently and securely store underground by the company's partner Carbfix in Iceland. Importantly, the DAC process uses renewable energy, energy-from-waste, or other waste heat to run, meaning it does not contribute to CO₂ emissions itself.
By tackling a vital and global issue, Climeworks no doubt has a wealth of opportunity at its feet. It has made some prominent partnerships to accelerate carbon removal, such as with Great Carbon Valley in Kenya and Deep Sky in Canada, through which it will bring large-scale DAC operations to fruition.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Employee Share Option Plan (ESOP)
- Team events
- Hybrid work environment
- Flexible hours
- Opportunity for sabbatical leave
- Weekly CrossFit & Yoga sessions
- Recurring mental-balance workshops
Company values
- Climeworkers - We are first and foremost a group of people working with passion towards the same goal
- Dedication to purpose - We question the "why" thoroughly and we have to understand the "why"
- Disruptive thinking - We encourage everyone to follow unconventional paths
- Excellence for scale - We are long-term oriented
- Inspiring people - We like to inspire by showing solutions
Funding (last 2 of 11 rounds)
Apr 2024
$2.5m
GRANT
Apr 2022
$678.8m
LATE VC
Total funding: $924.6m
This company has top investors
Leadership
Jan Wurzbacher
(Co-CEO)Doctor of Sciences, Mechanical and Process Engineering, who graduated from ETH Zürich.
Christoph Gebald
(Co-CEO)Member of the Board of Directors of Norsk e-Fuel. Earned a PhD in Mechanical Engineering from ETH Zürich.
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