AI-enabled green energy company DeepGreenX and venture investment platform Sente Ventures have unveiled a 5-year $25 billion investment programme. The initiative will provide solutions for clean energy generation, virtual grids, battery storage, microreactor power, and data centre infrastructure, and enable technologies to support data centres and computing hubs.
The two companies will use this programme to capture sustainability customers and deep technology solutions for DeepGreenX’s AI-powered financialisation platform. This will help in increasing the profitability relative to traditional green investment programmes.
Barclay Knapp, CEO of DeepGreenX said, “We expect the programme to open new pathways for green energy companies and projects, while DeepGreenX in parallel builds an international capital sourcing and data-driven platform that is designed to prevail over these legacy challenges.”
“Many viable green energy projects stagnate because of their reliance on unpredictable capital, preventing startups from scaling to offer innovative solutions,” said Serhat Cicekoglu, Founder and CEO of Sente, adding, “DeepGreenX’s platform is a paradigm shift for the industry, creating independent profitability for these companies and their deployment projects, thus making them highly attractive standalone investments.”
The Programme will be funded by DXG-Hues, DeepGreenX’s joint venture with Hues Capital, which is led by Dr. Jim Lai, CEO of Hues Capital and a director of DeepGreenX.
