Terms
- Not ranked
- Announced, not closed
- Announced
- 2 Oct 2026
- Instrument
- M&A
- Amount
- Undisclosed
- Source
- carbonherald.com
Parties
- Project developer
- SeaO2
- Recipient type
- Technology company
- Country
- Netherlands
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis CarbonBlue Acquirer Not credited Not ranked
Carbon
- Pathway
- Ocean alkalinity / marine CDR
What happened
- Sale out of insolvency following the bankruptcy of SeaO2, a Netherlands based direct ocean capture developer founded in 2021 which had raised over US$2m and cited slow capital movement. CarbonBlue is taking over the operating assets. No consideration disclosed. The announcement was made by SeaO2 co-founder Ruben Brands; Iddo Tsur is named for CarbonBlue and Jason Hochman for CTRL-S. No advisers named.
Kumo note
- A direct ocean capture developer broken up in insolvency, with the plant and the patents going to two different buyers. Where the intellectual property of a failed removal developer ends up is one of the few observable signals of what the market thinks the technology is worth.
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