Climeworks Secures $162M to Scale Carbon Seize

Climeworks, the Swiss pioneer of direct air seize (DAC) expertise, announced a $162 million equity financing at this time to spice up its carbon elimination capability. The spherical was led by BigPoint Holding and Companions Group, bringing Climeworks’ complete funding to over $1 billion. Climeworks will use the funds to speed up the deployment of its next-generation Era 3 DAC machines and broaden its portfolio of engineered carbon elimination options.
The corporate plans to put in extra superior DAC crops worldwide (together with the U.S., Canada, Saudi Arabia, and Europe) to fulfill rising demand for everlasting CO₂ elimination. Climeworks’ founders have set a daring imaginative and prescient of capturing 1 billion tons of CO₂ by 2050; this new funding will assist shrink the hole between that imaginative and prescient and actuality.
Funding Particulars:
- Startup: Climeworks
- Buyers: BigPoint Holding (lead), Companions Group
- Quantity Raised: $162 million
- Whole Raised: >$1 billion
- Funding Stage: Late-stage VC
- Funding Date: July 2, 2025
xAI Lands $10B (Debt + Fairness) for Grok AI and Knowledge Facilities
Elon Musk’s AI startup xAI accomplished a landmark financing by raising a total of $10 billion – $5 billion in debt and $5 billion in fairness – to fund its Grok AI platform and world data-center enlargement. Morgan Stanley organized the $5 billion debt facility (in secured notes and time period loans), which was closely oversubscribed. In parallel, xAI closed a $5 billion strategic fairness spherical.
The fairness portion drew top-tier backers, together with Andreessen Horowitz, Sequoia Capital, VY Capital, BlackRock, Constancy, NVIDIA, AMD, and Saudi Arabia’s Kingdom Holdings. xAI will use the funds to scale up its Memphis-based “Colossus” supercomputer (already one of many world’s largest AI clusters) and speed up improvement of Grok, its AI mannequin embedded in Musk’s X platform. This large funding package deal underscores investor confidence in xAI’s imaginative and prescient, even because it targets formidable income and development milestones within the aggressive AI infrastructure panorama.
Funding Particulars:
- Startup: xAI (Elon Musk’s AI enterprise)
- Buyers: Andreessen Horowitz, Sequoia Capital, VY Capital, BlackRock, Constancy, NVIDIA, AMD, Kingdom Holdings, amongst others.
- Quantity Raised: $10 billion (mixed debt and fairness)
- Whole Raised: ~$10 billion (newest spherical)
- Funding Stage: Development/personal spherical (debt+fairness)
- Funding Date: July 2, 2025
Figma Information for $1.5B IPO to Problem Adobe
Design software program chief Figma filed registration paperwork today for an initial public offering (IPO) concentrating on as much as $1.5 billion in proceeds. The S‑1 submitting reveals that Figma generated $749 million in income in 2024 (a 48% improve year-over-year). With roughly $821 million in trailing income, analysts estimate the corporate could possibly be valued round $15–20 billion after the IPO.
Figma’s co-founder Dylan Subject will keep voting management through dual-class shares. The corporate, which counts traders similar to Kleiner Perkins, Greylock Companions, Index Ventures, and Sequoia Capital, plans to make use of the IPO proceeds to additional construct its product suite (competing with Adobe XD) and broaden gross sales and R&D efforts. If profitable, Figma’s providing will rank among the many largest U.S. tech IPOs of 2025.
Funding Particulars:
- Startup: Figma
- Buyers: Kleiner Perkins, Greylock Companions, Index Ventures, Sequoia Capital (current backers)
- Quantity Raised: ~$1.5 billion (deliberate IPO)
- Whole Raised: (Non-public funding) ~$1.5 billion (approximate)
- Funding Stage: IPO
- Funding Date: July 2, 2025
Dexter Vitality Nets €23M Collection C for Renewable Buying and selling
Dutch climate-tech startup Dexter Energy announced a €23 million ($27.1 million) Series C round at this time to broaden its AI-powered renewable vitality buying and selling platform. The spherical was led by Alantra’s Klima fund, with participation from Mirova and continued assist from current backers ETF Companions, Newion, and PDENH.
Dexter’s software program makes use of machine studying to forecast renewable technology and optimize buying and selling and storage operations for batteries and grid operators. This new capital will probably be deployed to scale Dexter’s forecasting and buying and selling instruments throughout Europe and past, assembly rising demand for smarter integration of renewables into the grid.
Funding Particulars:
- Startup: Dexter Vitality
- Buyers: Alantra (Klima fund, lead), Mirova, ETF Companions, Newion, PDENH.
- Quantity Raised: €23 million (~$27.1 million)
- Whole Raised: €23 million (after spherical)
- Funding Stage: Collection C
- Funding Date: July 2, 2025
Bambrew Raises ₹90 Crore for Sustainable Packaging
Bengaluru-based sustainable packaging startup Bambrew secured ₹90 crore (about $10.3 million) in funding at this time from Ashok Goel (former MD of Essel Propack) and Japanese VC Enrission India Capital. Bambrew will use the proceeds to advance R&D on its biodegradable supplies and to broaden manufacturing capability.
The corporate plans to enter the Center Japanese and North American markets with its sustainable packaging merchandise as a part of its world development technique.
Funding Particulars:
- Startup: Bambrew
- Buyers: Ashok Goel (former Essel Propack MD), Enrission India Capital
- Quantity Raised: ₹90 crore (~$10.3 million)
- Whole Raised: ₹90 crore (after spherical)
- Funding Stage: Collection Unknown (early-stage)
- Funding Date: July 2, 2025
CIMware Grabs $2.3M Pre-Collection A for Knowledge Middle {Hardware}
CIMware, a deep-tech infrastructure startup in India, introduced it has raised $2.3 million in a pre-Collection A spherical led by Transition VC. Based by business veteran Rajiv Ganth, CIMware is growing a “Composable Infrastructure Module” (CIM) – a rack-level sensible swap that converges compute, storage, and networking right into a single unit to enhance knowledge heart effectivity.
The brand new funding will assist additional improvement of CIMware’s {hardware} and partnerships with large-scale knowledge heart operators, concentrating on demand from AI, streaming, and cloud service suppliers.
Funding Particulars:
- Startup: CIMware
- Buyers: Transition VC (lead)
- Quantity Raised: $2.3 million
- Whole Raised: $2.3 million (after spherical)
- Funding Stage: Pre-Collection A
- Funding Date: July 2, 2025
Genesis AI Raises $105M Seed to Construct Robotics AI Platform
Genesis AI, a dual-headquartered robotics software program startup in Silicon Valley and Paris, emerged from stealth at this time with a $105 million seed spherical to construct a general-purpose robotics basis mannequin. The funding was co-led by Eclipse Ventures and Khosla Ventures, with participation from traders together with Bpifrance, HongShan (previously Sequoia China), and tech luminaries like Eric Schmidt and Xavier Niel.
Based by Carnegie Mellon AI and robotics PhDs, Genesis AI is growing a physics-based simulation platform that generates artificial knowledge as much as 430,000 occasions sooner than actual time, aiming to automate a variety of bodily duties. The brand new capital will speed up hiring of robotics and AI expertise and advance its simulation engine and foundation-model structure, positioning Genesis AI to problem incumbents within the robotics AI area.
Funding Particulars:
- Startup: Genesis AI
- Buyers: Eclipse Ventures (lead), Khosla Ventures (co-lead), Bpifrance, HongShan (Sequoia China’s new fund), Eric Schmidt, Xavier Niel.
- Quantity Raised: $105 million
- Whole Raised: $105 million
- Funding Stage: Seed
- Funding Date: July 2, 2025
IORA Raises ₹8.5 Crore in Debt to Plant Hundreds of thousands of Timber
IORA Ecological Options (IORA) has secured ₹8.5 crore (~$1.0 million) in debt financing from Caspian Debt to broaden its carbon sequestration initiative. Underwritten by Rabobank’s ACORN programme, the funding will scale up IORA’s MegCare mission – an afforestation and carbon elimination program overlaying 150,000 hectares in Meghalaya, India.
MegCare is designed to sequester over 25 million tonnes of CO₂ whereas creating financial advantages for 80,000+ smallholder farmers. The brand new capital will speed up tree planting and ecosystem restoration efforts throughout the MegCare space.
Funding Particulars:
- Startup: IORA Ecological Options
- Buyers: Caspian Debt (soon-to-merge with BlackSoil Capital)
- Quantity Raised: ₹8.5 crore ($1.0 million) (debt)
- Whole Raised: ₹8.5 crore (debt spherical)
- Funding Stage: Debt financing
- Funding Date: July 2, 2025
AMAMA Secures $1M from Mistry Ventures for Retail Enlargement
AMAMA, an Indian artisanal attire and jewelry model, introduced a $1 million funding spherical led by Mistry Ventures. That is the corporate’s second spherical of funding (after preliminary backing from She Capital Belief).
AMAMA plans to make use of the funds to deepen its retail and e-commerce presence in main Indian cities (similar to Delhi and Mumbai), strengthen its provide chain and expertise infrastructure, and broaden its design staff to speed up product improvement and gross sales.
Funding Particulars:
- Startup: AMAMA
- Buyers: Mistry Ventures
- Quantity Raised: $1 million
- Whole Raised: $1 million (after spherical)
- Funding Stage: Seed
- Funding Date: July 2, 2025
Funding Abstract Desk
Startup | Buyers (Lead and notable traders) | Quantity Raised | Whole Raised | Funding Stage | Funding Date |
---|---|---|---|---|---|
Genesis AI | Eclipse Ventures (lead), Khosla Ventures (co-lead), Bpifrance, HongShan, Eric Schmidt, Xavier Niel | $105M | $105M | Seed | July 2, 2025 |
Climeworks | BigPoint Holding (lead), Companions Group | $162M | >$1B | Late-stage VC | July 2, 2025 |
xAI | Andreessen Horowitz, Sequoia Capital, VY Capital, BlackRock, Constancy, NVIDIA, AMD, Kingdom Holdings | $10B (debt+fairness) | ~$10B (spherical) | Development (debt+fairness) | July 2, 2025 |
Figma | Kleiner Perkins, Greylock, Index Ventures, Sequoia Capital (current backers) | ~$1.5B (IPO) | ~$1.5B (post-IPO) | IPO | July 2, 2025 |
Dexter Vitality | Alantra’s Klima Fund (lead), Mirova, ETF Companions, Newion, PDENH | €23M (~$27.1M) | €23M | Collection C | July 2, 2025 |
Bambrew | Ashok Goel (ex-Essel Propack MD), Enrission India Capital | ₹90 Crore (~$10.3M) | ₹90 Crore | Early-stage | July 2, 2025 |
CIMware | Transition VC (lead) | $2.3M | $2.3M | Pre-Collection A | July 2, 2025 |
IORA | Caspian Debt | ₹8.5 Crore (~$1.0M) | ₹8.5 Crore | Debt financing | July 2, 2025 |
AMAMA | Mistry Ventures | $1M | $1M | Seed | July 2, 2025 |
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