Swiss Re was among the participants in a round which pushed the carbon capture system developer's overall financing past the $800m mark.

Switzerland-headquartered carbon capture technology provider Climeworks revaled yesterday it has agreed to raise CHF600m ($646m) of equity funding from investors including reinsurance firm Swiss Re. Partners Group and GIC are co-leading the round, which also features Baillie Gifford, Carbon Removal Partners, Global Founders Capital, M&G, BigPoint Holding and private investor John Doerr, while JP Morgan…

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