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February 2, 2023

Climeworks eyes US expansion in wake of $369bn climate bill

The poster child of European climate tech is looking to expand into the US while Europe is trying to retain its climate tech talent


Freya Pratty

4 min read

Climeworks founders C.Gebald and J.Wurzbacher ©Climeworks, photo by Julia Dunlop

Climeworks, the world’s best-funded carbon removal startup and a poster child of European climate tech, is looking to expand into the US in the wake of the country’s $369bn climate bill, which offers significant financial incentives for climate tech companies. 

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Christoph Beuttler, chief climate policy officer at Climeworks
Christoph Beuttler, chief climate policy officer at Climeworks. Credit: Climeworks.
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A rendering of Climeworks' second plant
A rendering of Climeworks' second plant, Mammoth. Credit: Climeworks.
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Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

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