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DateInvestorsAmountRound
-

N/A

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N/A

Support Program

€50.0k

Grant
N/A

€50.0k

Grant

€15.0k

Seed

€100k

Convertible
*

€400k

Seed

€420k

Convertible
*

€5.6m

Seed
*

€2.5m

Grant

N/A

Early VC
Total Funding€9.1m

Recent News about Skytree

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More about Skytree
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Skytree is a pioneering startup that operates in the environmental technology sector, specifically focusing on carbon dioxide (CO2) capture and removal. The company's innovative technology, known as decentralized direct air capture (DDAC), efficiently extracts excess CO2 from the atmosphere. This technology was originally developed for use in the European Space Agency (ESA), showing its high level of sophistication and reliability.

Skytree's business model is centered around providing a cost-effective and eco-friendly solution to tackle the excess CO2 challenge on Earth. The company's technology is modular, meaning it can be rapidly deployed and easily maintained, offering a low-cost per ton of CO2 captured. This makes it an attractive solution for a variety of clients, including those in the Controlled Environment Agriculture, Building Materials and Chemicals sectors.

In addition, Skytree is exploring the use of its technology for carbon dioxide removal (CDR) methods in the production of critical building materials. This could potentially open up a new market for the company, further diversifying its revenue streams.

Skytree's commitment to tackling the climate crisis and its innovative technology position it well in the growing market for carbon capture solutions. The company's ability to generate revenue while also contributing to a more sustainable future is a key strength that could drive its growth in the coming years.

Keywords: Carbon Capture, Decentralized Direct Air Capture (DDAC), Controlled Environment Agriculture, Carbon Dioxide Removal (CDR), European Space Agency (ESA), Climate Crisis, Sustainability, Eco-friendly, Cost-effective, Modular Technology.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.