# Skytree

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/skytree-b-v

- Industry: Environmental Services
- Headquarters: Amsterdam, Netherlands
- Website: www.skytree.eu
- Total disclosed funding: $6M
- Latest round: Seed (Jun 13, 2023)
- Investors on record: 2

## About

Based in Amsterdam, Netherland and founded in 2010, Skytree B.V. is an early-stage climate tech developer transforming carbon dioxide (CO2) supply using ambient air to combat climate change. In November 2023, Skytree B.V. received EUR 2.5 million of grant funding from European Innovation Council.

Skytree is a firm that is redefining carbon capture technology. The compay's objective is to use sustainable solutions to achieve a cleaner, greener future. The firm's key technology is modular direct air capture (DDAC), which directly gathers CO2 from the air and has applications in industries such as controlled environment agriculture and building materials. 

The company plans to use the November 2023 funding to expedite its commercialization roadmap and product development.

## Funding rounds

- Seed, Jun 13, 2023, $6M — The Yield Lab, Horticoop

## Investors

- The Yield Lab (https://capitalatlas.ai/funds/the-yield-lab) — Seed
- Horticoop — Seed