Add-on Acquisition • Environmental

Skytree Acquires Recarbn

On December 19, 2024, Skytree acquired environmental company Recarbn

Acquisition Context

This is Skytree’s 1st transaction in the Environmental sector.
This is Skytree’s 1st transaction in the Netherlands.

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M&A Deal Summary
Date	December 19, 2024
Target	Recarbn
Sector	Environmental
Buyer(s)	Skytree
Deal Type	Add-on Acquisition

Target Company

Recarbn

Enschede, Netherlands

ReCarbn is dedicated to accelerating the development of direct air capture technology with the potential to remove gigatons of CO₂ from the atmosphere, thereby helping to limit global warming to 1.5 °C. Recarbn was founded in 2022 and is based in Enschede, Netherlands.

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Buyer Overview 1

Buyer

Skytree

San Jose, California, United States

Category	Company
Sector	Software

DESCRIPTION

Skytree, Inc. is a machine learning software helps businesses discover analytic insights, predict future trends, make recommendations and find untapped markets. Skytree, Inc. is headquartered in San Jose, California.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Environmental	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Netherlands	1 of 1
Year: 2024	1 of 1

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