DeepGreenX and Sente Ventures Announce Framework Agreement for $25 Billion Green Infrastructure Investment Program
DeepGreenX Group Inc. (“DeepGreenX,” “DXG,” or the “Company”), an AI-enabled green energy and technology company, and Sente Ventures (“Sente”), today announced a framework agreement for creating a five-year $25 billion strategic investment program (the “Program”) for companies providing solutions for clean energy generation, virtual grids, battery storage, microreactor power, and data center infrastructure, and enabling technologies to support data centers and computing hubs.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250105187963/en/
Under the framework agreement, DeepGreenX and Sente will use the Program to capture sustainability customers and deep technology solutions for DeepGreenX’s AI-powered data financialization platform, significantly increasing their profitability relative to traditional green investment programs.
“Green energy companies and projects have historically been heavily dependent upon favorable subsidies and regulations, and therefore highly temporal,” said Barclay Knapp, CEO of DeepGreenX. “We expect the Program 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. We welcome the opportunity to partner with Sente, which has significant expertise in complex battery, data center, and quantum computing power technologies.”
“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. “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. We are excited to be partnering with the talented team at DeepGreenX to unlock the enormous opportunity ahead.”
The Program 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. DXG-Hues will deploy two $5 billion funds focused on green energy, AI, and computing power projects in the US, Europe, and Southeast Asia, with pipelines that include investment target companies from the Tencent and Softbank ecosystems.
DeepGreenX’s mission is to create real economic value by merging innovation with sustainability. DXG employs its AI-driven infrastructure to connect green energy and computing power solutions with long-term profitability, transforming such sustainability data into actionable, liquid financial instruments that can be traded and monetized on a growing global network of interactive digital platforms. The Company is developing operations in 20 cities across four continents, including Europe and Asia.
Sente’s mission is to invest in deep tech solutions across the globe that are primarily focused on human essentials (agriculture, food, and water) and industrial circular economy (energy transition, logistics, and upcycling). Sente has developed a collective and collaborative investment thesis that helps startups quickly scale by leveraging its LPs, corporate partners, and various funding vehicles, the latter of which includes long-term favorable debt solutions necessary for mission critical capital expense projects. Sente Ventures’ approach aims to solve the “speed-to-scale” issue, a high-speed growth mechanism, via a catalytic capital roadmap.
About DeepGreenX
DeepGreenX is an AI-driven infrastructure platform company focused on the interconnection and monetization of clean energy, computing power, and data. Through its unrivaled ability to generate a “universal equivalent of value,” DXG enables the full interoperability of financial and logistics systems and allows seamless asset exchanges.
DeepGreenX aims to become the global software-defined virtual connectivity operator and hyper-scaler driving the fusion of data acquisition with real world assets (RWA). By leveraging its growing Global Campus Network of AI agent hubs and its edge AI-enabled virtual grid, battery and energy storage, edge computing, and virtual manufacturing centers, DXG is creating the ultimate virtual marketplace of the new Green Economy.
For more information on DeepGreenX visit: www.DeepGreenX.net, www.youtube.com/@DeepGreenX-Media
About Sente Ventures
Sente Ventures, based in Chicago, IL, is a venture investment platform designed to de-risk and unlock cross-sector investment in zero-emission deep-tech technologies across the globe through engaging with actors like corporations and debt financiers in the capital stack to accelerate the success of impactful technologies and returns for its investors. Sente has a portfolio of 56 startups across 24 countries, built since 2018.
For more information on Sente Ventures visit: https://sente.vc
View source version on businesswire.com: https://www.businesswire.com/news/home/20250105187963/en/
Contacts
DeepGreenX:
Prosek Partners
Kiki Tarkhan / Forrest Gitlin
DeepGreenX@prosek.com
Sente Ventures:
info@sente.vc
(c) 2024 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Andersen Global Expands Presence in the Netherlands with Member Firm Addition8.1.2025 15:30:00 CET | Press Release
Andersen Global further strengthens its platform in Northern Europe as Collegium Advisors, a former collaborating firm based in Rotterdam, becomes a member firm and adopts the Andersen brand. Andersen in the Netherlands offers a comprehensive suite of corporate advisory and valuation services, including sell-side M&A advisory, acquisition support, financial due diligence, corporate restructuring, and real estate advisory. The firm, led by Managing Partner Joachim Schulz, specializes in transaction advisory, valuations for accounting, statutory and tax compliance, corporate litigation, and strategy advisory. “Our firm is deeply committed to putting clients’ needs at the forefront,” said Joachim. “By working alongside the member and collaborating firms of Andersen Global, we expand our ability to deliver high-quality, integrated services and cross-border solutions, allowing us to better support our clients with their business needs.” Mark L. Vorsatz, Global Chairman and CEO of Andersen,
LR Health & Beauty Celebrates Its 40th Anniversary8.1.2025 15:04:00 CET | Press Release
The Social Commerce Company LR Health & Beauty is looking back on 40 years of company history this year. The company, which was founded in 1985, has developed into a global player in the direct selling industry in recent years. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250108836518/en/ LR Headquarters (Photo: Business Wire) LR Health & Beauty has been setting innovative trends in the nutritional supplements and cosmetics sector for 40 years. The unique selling point: The products are sold by independent sales partners who earn an additional income by recommending products and setting up their own business. "LR stands for quality, innovation and a strong people business that offers an attractive business model to people who want more flexibility, more self-fulfilment and financial independence," explains CEO Dr. Andreas Laabs. "We are proud of the past years and thank our partners, customers and employees who have made t
SLB awarded multi-region deepwater contracts by Shell to support capital-efficient energy development8.1.2025 14:26:00 CET | Press Release
Global energy technology companySLB (NYSE: SLB) has been awarded a series of major drilling contracts by Shell to support capital-efficient energy development across its deep- and ultra-deepwater assets in the UK North Sea, Trinidad and Tobago, the Gulf of Mexico and others. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250108998944/en/ The projects, which will be delivered over a three-year timeframe, will combine SLB’s AI-enabled digital drilling capabilities with its expertise in ultra-deepwater environments. (Photo: Business Wire) The projects, which will be delivered over a three-year timeframe, will combine SLB’s AI-enabled digital drilling capabilities with its expertise in ultra-deepwater environments. This approach will help SLB to repeatably and predictably deliver more consistent wells that improve cost efficiencies. “We are proud to continue our long-standing relationship with Shell through the fulfillment of th
ProTek Fiber expands full-fiber connectivity in rural Illinois with Adtran8.1.2025 14:00:00 CET | Press Release
Adtran today announced that ProTek Fiber is harnessing its flexible fiber access technology, including its Mosaic One SaaS and ALM fiber monitoring solution with deep PON assurance, to deliver full-fiber internet to underserved areas in Illinois. The deployment marks ProTek Fiber’s transition to fiber optic technology, having previously operated as a leading wireless internet service provider (WISP). Using Adtran’s AI-driven disaggregated solution, ProTek Fiber has begun offering high-quality broadband to residential subscribers. The expansion of the network enables thousands of people to work and study from home and access services such as telemedicine. The deployment is also expected to boost economic activity across the region. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250108386418/en/ Adtran’s fiber access technology is helping ProTek Fiber deliver high-speed broadband to long-underserved regions. (Photo: Business W
UPS Completes Acquisitions of Healthcare Cold-Chain Logistics Providers Frigo-Trans and BPL8.1.2025 12:30:00 CET | Press Release
UPS (NYSE: UPS) today announced that it has completed the acquisition of Frigo-Trans and its sister company BPL, which provide industry-leading, complex healthcare logistics solutions across Europe. The acquisitions further enhance the end-to-end capabilities available to UPS Healthcare customers, who increasingly need temperature-controlled and time-critical logistics solutions globally. Frigo-Trans’ network includes temperature-controlled warehousing ranging from cryopreservation (-196°C) to ambient (+15° to +25°C) as well as Pan-European cold chain transportation. This combined with the logistics solutions brought by BPL’s time-critical freight forwarding capabilities further enhances UPS Healthcare solutions for customers in Europe. For more information about UPS innovations and customer-driven solutions, visit about.ups.com. About UPS UPS (NYSE: UPS) is one of the world’s largest companies, with 2023 revenue of $91.0 billion, and provides a broad range of integrated logistics solu
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom