Terms
- Announced
- 13 Jun 2023
- Instrument
- Equity
- Amount
- US$6.00m
- Source
- skytree-00.webflow.io
Parties
- Project developer
- Skytree B.V.
- Recipient type
- Technology company
- Country
- Netherlands
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Horticoop Investor US$3.00m Estimated: an even share, 1 of 2 The Yield Lab Europe Investor US$3.00m Estimated: an even share, 1 of 2
Carbon
- Pathway
- DAC
What happened
- The company states USD 6m and names Horticoop and The Yield Lab Europe both as leads. Dutch trade press figures in euros are conversions. BNV Partners lists Skytree as a holding but is not named in the round by any party.
Kumo note
- A direct air capture company financed by a horticultural cooperative and an agri-food impact fund rather than by climate venture capital, because its first paying market is growers buying CO2 for greenhouses.
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