Skytree and Algae Capital Collaborate to Integrate Circular CO₂ in Algae Production in Iceland

AMSTERDAM — June 17, 2025 – Skytree, a leader in decentralized Direct Air Capture (DAC) technology, and Algae Capital, an innovative microalgae company, are pleased to announce a new collaboration. Algae Capital will utilize circular CO₂ captured by Skytree's DAC units for its pioneering algae production facility in Iceland. This partnership will see over 2,000 tonnes of CO₂ per year captured directly from the atmosphere and used in Algae Capital’s cultivation process.

This initiative marks a significant step in advancing circular CO₂ utilization, providing Algae Capital with a sustainable and reliable source of carbon dioxide thanks to Skytree’s Direct Air Capture technology.

Iceland is an ideal location for Skytree’s DAC technology due to its abundant geothermal and renewable energy resources, which are vital for efficiently capturing CO₂.

"By collaborating with Skytree, we can capture CO₂ directly from the air instead of from fossil sources. This makes our algae cultivation more sustainable and represents a significant step towards a climate-friendly method of production."

— Michaël Blom, Project Manager at Algae Capital.

"This partnership with Algae Capital is a strong illustration of how Direct Air Capture technology allows forward-thinking greenhouses to achieve their sustainability and production goals. By delivering a clean and reliable CO₂ source, we are enabling Algae Capital in optimizing their algae cultivation." 

— Camille Hanna, VP Global Carbon Solutions at Skytree.

This collaboration highlights a practical use case for integrating circular CO₂ into industrial processes such as production of algae-based foods, feeds, and innovative biomaterials, fostering a greener economy.

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About Skytree

Skytree engineers the CO2 transition by developing Direct Air Capture (DAC) technology that captures CO2 from the air and repurposes it for good: whether carbon is reused across different industries or stored permanently.

With over a decade of innovation rooted in the European Space Agency (ESA), Skytree's patented DAC technology transforms atmospheric CO₂ into a valuable resource: powering applications like renewable fuels and chemicals, greenhouses, beverage carbonation and water treatment.

Skytree’s modular DAC machines and unique DAC Park architecture allow companies to deploy in any climate, at scale - offering a bankable path to carbon capture and accelerating the transition to a circular CO2 economy.