Skytree has secured $6M in seed funding to advance its Direct Air Capture technology, aimed at providing sustainable CO2 solutions for the horticultural sector.
Target Information
Skytree, an Amsterdam-based early-stage climate tech developer, is pioneering efforts to transform the production and utilization of carbon dioxide (CO2) through innovative technology. The company, founded in 2014 by Max Beaumont, specializes in Direct Air Capture (DAC) technology, which allows for the extraction of CO2 directly from the atmosphere. This approach not only seeks to mitigate the reliance on fossil fuels but also addresses transportation challenges by enabling local, onsite CO2 generation for various applications, particularly in controlled environment agriculture.
Industry Overview in the Netherlands
The Netherlands is recognized as a global leader in agricultural innovation, particularly in the horticultural sector. The country’s unique geography and commitment to sustainability have positioned it at the forefront of climate tech developments. As environmental regulations tighten and the demand for sustainable practices rises, Dutch farmers are increasingly adopting advanced technologies to optimize their production processes and reduce carbon footprints.
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Controlled Environment Agriculture (CEA) exemplifies this shift, utilizing controlled growing environments such as greenhouses to maximize yield while minimizing resource use. This sector faces significant challenges related to CO2 sourcing and energy c
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Horticoop and Yield Lab Europe
invested in
Skytree
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $6M