Climeworks AG Revenue and Competitors

Zurich, Switzerland

Location

N/A

Total Funding

Engineering

Industry

Estimated Revenue & Valuation

  • Climeworks AG's estimated annual revenue is currently $63.5M per year.(i)
  • Climeworks AG's estimated revenue per employee is $125,000

Employee Data

  • Climeworks AG has 508 Employees.(i)
  • Climeworks AG grew their employee count by 44% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$19.7M179-4%N/AN/A
#2
$81.5M6527%N/AN/A
#3
$15.5M14116%N/AN/A
#4
$1.7M244%N/AN/A
#5
$63.5M50844%N/AN/A
#6
$9.1M9112%N/AN/A
#7
$3.4M4217%N/AN/A
#8
$0.7M110%N/AN/A
#9
$2.9M3633%N/AN/A
#10
$7.6M7627%N/AN/A
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What Is Climeworks AG?

Climeworks is capturing CO2 from air with the world's first commercial carbon removal technology. Our direct air capture plants remove CO2 from the atmosphere to supply to customers and to unlock a negative emissions future. We built and operate the world's first commercial direct air capture plant, removing 900 tonnes of CO2 from ambient air per year. Our plants capture atmospheric carbon with a filter, using mainly low-grade heat as an energy source. The pure CO2 gas is sold to our customers in key markets, including: commercial agriculture, food and beverage industries, the energy sector and the automotive industry. Customers utilise this atmospheric CO2 in carbonated drinks or for producing carbon-neutral hydrocarbon fuels and materials. By using Climeworks' CO2, our customers can reduce their overall emissions as well as lowering their dependence on fossil energy. Our plants are modular, scalable and can be located independently of emission sources, allowing security of supply wherever there is atmospheric air. Importantly, our plants can be utilised for negative emissions, which will be vital in the quest to limit a global temperature rise of 2 °C. Compared to other carbon removal technologies, direct air capture does not depend on arable land, has a small physical footprint, and is fully scalable. Founded by engineers, Christoph Gebald and Jan Wurzbacher, Climeworks has assembled the largest team of experts in the field and developed high-quality testing and production facilities. We'll keep working to realise our mission to capture one percent of global emissions by 2025.

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Total Funding

508

Number of Employees

$63.5M

Revenue (est)

44%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Climeworks AG News

2022-03-30 - Climeworks raises US$650 million in largest round for carbon ...

LONDON (April 5): Swiss start-up Climeworks AG has raised 600 million francs (US$650 million) to scale up its technology that sucks carbon...

2022-03-30 - Direct air capture expert Climeworks raises CHF 600m in ...

April 5 (Renewables Now) - Direct air capture (DAC) technology developer Climeworks AG is raising CHF 600 million (USD 649m/EUR 592m) of...

2022-03-30 - Climeworks Raises $650 Million in Largest Round for Carbon ...

Swiss startup Climeworks AG has raised 600 million francs ($650 million) to scale up its technology that sucks carbon dioxide directly from...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$171.8M5098%N/A
#2
N/A51922%N/A
#3
$144.9M52711%N/A
#4
N/A53025%N/A
#5
$151.3M55025%N/A