Skytree acquisition news – Amsterdam-based Skytree has acquired ReCarbn
Dec 20, 2024 | By Kailee Rainse
Skytree announced the acquisition of Dutch direct air capture (DAC) startup ReCarbn. The acquisition will integrate it’s intellectual property, most notably its innovation in filtration and sorbent circulation, into Skytree’s DAC product portfolio.
In addition, all three ReCarbn co-founders — Guus Dubbink (CEO), Ewout Ruijs (CPO), and Sophia Hummelman (CCO) — will join the Skytree team, bringing unique expertise in research and development, product strategy, and commercial finance, respectively.
Rob van Straten, CEO of Skytree said, “This acquisition marks a pivotal moment for Skytree and the broader DAC sector. ReCarbn’s talent and innovative technology will enable us to deliver more cost-effective DAC solutions that make carbon capture more accessible to businesses around the world, By integrating ReCarbn’s team and technology, we will further expand our industry leadership in cyclical filtration and sorbent innovation as well as scalable DAC architecture. We’re excited to welcome ReCarbn’s founding team, which brings invaluable expertise and will help us realize our vision of capturing 10 million tonnes of CO₂ annually by 2030.”
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ReCarbn was founded in 2022 as a spin-off from the University of Twente, a globally-renowned hub for advanced DAC research. Within two years, its founding team developed and commercialized patent-pending filtration and chemical sorbent circulation technologies designed to reduce energy consumption, cycle time, and carbon capture costs.
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It’s track record extends beyond its technology, secured valuable partnerships, launched customers, and secured public investments, which together positioned it as a top innovator in DAC. The acquisition will also enable Skytree to form a closer collaboration with the University of Twente, which will expedite breakthrough advancements in DAC.
Guus Dubbink, the former CEO of ReCarbn who will lead R&D at Skytree said, “This acquisition aligns perfectly with ReCarbn’s vision of scaling DAC to tackle the global climate crisis, focusing on capture materials and innovation. By combining our efforts, Skytree will be poised to solidify its position as a global leader in Direct Air Capture, delivering technology that addresses climate change at scale and helps the world transition toward a carbon-negative future.”
About Skytree
At Skytree, They’re turning ideas into action in the journey toward stable, reliable, and cleaner CO2. They create smart, scalable carbon dioxide solutions that utilize or store atmospheric CO2 and contribute to a healthier planet.
About ReCarbn
ReCarbn has been acquired by Skytree to integrate our innovative technology and expertise into its portfolio, enabling more cost-effective and accessible carbon removal solutions worldwide.