FIGURE 5 CDR sales worldwide as of August 2024
for 3.67 milion tonnes of carbon removal, while Stockholm Exergi stood second in the ranking, having made a deal to supply 3.3 milion tonnes of CDRs to Microsoft. Carbon Recycling International, IS: Other Description: As of 2023, Swiss company Climeworks had raised ~$787 million, making it the highest-funded CCS start-up in the world. Valued at almost $2 bilion and backed by the Microsoft Climate Fund, Climeworks specialies in DAC technology. In 2023, five of the 10 highest-funded CCS Notes: Worldwide; 2023. Countries: CA = Canada, DE = Germany, CH = Switzerland and IS = Iceland.