The round which pushed the ETH Zurich-linked carbon capture system developer's overall financing past the $800m mark.

Climeworks, a Switzerland-based carbon capture technology provider spun out of ETH Zurich, 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.

Climeworks has developed technology designed to pull carbon from the air and has 15…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?