Interactive Business Model Canvas · #073

Climeworks

Carbon Removal (Direct Air Capture) · Oct 11, 2026

Carbon removal credits Direct air capture Corporate portfolios Private venture-backed

Climeworks is a Swiss direct air capture company that sells carbon removal by the ton. It runs two plants in Iceland, Orca (design 4,000 t per year, launched Sept 2021) and Mammoth (design up to 36,000 t per year, ramping since 2024), and since 2024 also sells mixed removal portfolios through Climeworks Solutions to 200+ companies. Mammoth produced 675 t of net removal in H1 2026 vs 119 t a year earlier, and its operating cost per ton fell by over 50% (company). It raised USD 162M in July 2025, taking total funding past USD 1B, after cutting 106 jobs in May 2025. It is private and has not published full-year revenue or profit, so none is shown here.

Click any of the 9 blocks below for a plain-language story of how that part of the model works for Climeworks — and how it connects to the others.

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Independent educational project — not affiliated with, endorsed by, or sponsored by Climeworks AG, Carbfix, Microsoft, JPMorganChase, Swiss Re, or any other company named here. Company names and logos are trademarks of their respective owners, used for identification only; the Climeworks logo shown is a project monogram, not the company's official mark.

For learning and teaching — not investment, legal, or financial advice. Climeworks AG is a private company and has not published revenue or profit for any fiscal year in the sources reviewed, so none is shown or estimated. Figures marked FACT come from Climeworks, Microsoft, JPMorganChase and Swiss Re releases and pages; SECONDARY figures come from press reports (Bloomberg via swissinfo) and may be unaudited. Conclusions drawn by this project are labeled INFERENCE. Sources are cited on this canvas; corrections welcome.

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