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DevvStream ( (DEVS) ) has shared an update.
DevvStream Corp has signed a Memorandum of Understanding with Fayafi Investment Holding to explore the creation of ‘Fayafi x DevvStream Green Ventures,’ a joint venture aimed at accelerating global sustainability investments. This venture will combine DevvStream’s expertise with Fayafi’s capital resources to fund and scale environmental projects, with an initial funding commitment of $100 million. The joint venture is expected to enhance DevvStream’s global presence and revenue streams while allowing Fayafi to leverage its institutional network for market access and regulatory approvals.
More about DevvStream
DevvStream is a leading carbon management firm founded in 2021, specializing in the development, investment, and sale of environmental assets, energy transition, and innovative carbon management solutions. The company operates across three strategic domains: an offset portfolio for emissions reduction, project investment and acquisitions, and project development for renewable energy and carbon credits.
Average Trading Volume: 657,793
Technical Sentiment Signal: Sell
Current Market Cap: $5.81M
For a thorough assessment of DEVS stock, go to TipRanks’ Stock Analysis page.