DevvStream Soars 29.14% on $100M UAE Carbon Deal

On May 9, 2025, DevvStream surged by 29.14% in pre-market trading, marking a significant rise in its stock price.

DevvStream, a Canadian carbon credit streaming firm, has recently secured a $100 million carbon venture deal with a UAE fund. This strategic partnership is expected to bolster DevvStream's market position and enhance its capabilities in the carbon credit sector. The collaboration with the UAE fund is anticipated to drive innovation and growth in the company's operations, potentially leading to increased investor confidence and market opportunities.

This deal comes at a time when the carbon market is gaining traction globally, with increasing demand for sustainable solutions. DevvStream's ability to secure such a significant investment underscores its leadership in the carbon credit streaming industry and its commitment to environmental sustainability. The partnership is likely to attract further attention from investors and stakeholders, contributing to the company's long-term growth prospects.