DevvStream Stock Soars 18.7% on $100M Carbon Venture Deal
Generated by AI AgentAinvest Movers Radar
Thursday, May 8, 2025 4:05 am ET1min read
DEVS--
On May 8, 2025, DevvStream's stock surged by 18.7% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.
DevvStream has recently secured a substantial $100 million carbon venture deal with a UAE fund. This strategic partnership involves DevvStreamDEVS-- taking a 20% stake in the jointJYNT-- venture, where the company will be responsible for identifying and implementing projects, as well as overseeing their full lifecycle. This move is expected to bolster DevvStream's position in the carbon market and drive future growth.
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