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DevvStream

Closed (deSPAC)

Energy · carbon credit and environmental asset management

What it is
DevvStream is a CAPEX-light carbon credit generation company focused on technology-based projects Providing a turnkey solution to help companies generate, manage and monetize environmental assets through carbon credits With Environmental, Social and Governance (“ESG”) at the core of every investment Utilizing blockchain technology to drive trust and transparency across the credit lifecycle Leveraging partnerships with market leaders and decades of experience 1
What it’s doing now
Merging with Focus Impact Acquisition Corp. (FIAC) — closed (despac).
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.

The business, per its filings

SEC primary

DevvStream is a CAPEX-light carbon credit generation company focused on technology-based projects Providing a turnkey solution to help companies generate, manage and monetize environmental assets through carbon credits With Environmental, Social and Governance (“ESG”) at the core of every investment Utilizing blockchain technology to drive trust and transparency across the credit lifecycle Leveraging partnerships with market leaders and decades of experience 1. Co-Development Process 3. Funds Flow to DevvStream & Co-Developers 2. Sales of Carbon Credits Monetization Corporations Countries Developers Corporations Non-Profits Investment Highlights 14 DevvStream plays a critical role in large and fast-growing carbon credit market by co-developing high-quality credits from credible decarbonization projects Opportunity >90% of DevvStream’s CY 2025 credits are technology-based, and bolstered by proprietary IP, providing enhanced credibility & transparency for buyers vs legacy methods Disruptive Advantage CAPEX-light business model with long-term recurring revenue streams, high margins, and material potential to expand Business Model ~97% of estimated revenue in CY 2025 is expected to be generated by compliance credits, providing higher pricing and demand transparency Regulation DevvStream is already public and is uplisting from the nascent TSX: CBOE to NASDAQ for greater access to capital and investor transparency Investment Friendly Regulatory Tailwinds Drive Significant Visibility and Predictability SECTION III DevvStream Platform Overview We Solve Pain Points for Buyers and Developers DEVELOPERS BUYERS THE DEVVSTREAM SOLUTION Technology Lack of technical know-how Lack of perceived credit quality Concern over proper control and accounting of credits Industr

Source: S-4/A, accession 0001140361-24-032870

What the company says about itself

Web research — not audited

DevvStream is a carbon management firm founded in 2021 that specializes 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 immediate sale, project investment and acquisitions, and project development as a manager for activities like EV charging or renewable energy generation.

Markets:
carbon management | environmental assets | energy transition | green project investment | carbon credit generation
Products:
nature-based credits | tech-based credits | carbon sequestration credits | I-RECs | blockchain platform | environmental credit exchange
What our web check found

[WEB-INTEL 2026-08-26] 12 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "DevvStream Completes $10M Initial Funding to Launch $300M Asset-Backed Digital Infrastructure and Sustainability Strategy" [https://www.devvstream.com/news/news-releases/devvstream-completes-10m-initial-funding-to-launch-300m-asset-backed-digital-infrastructure-and-sustainability-strategy] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "$1.5 million already funded; a $6.0 million private placement" [https://www.businesswire.com/news/home/20260604979531/en/CORRECTING-and-REPLACING-DevvStream-Announces-%246-Million-Equity-Investment-From-EEME-Energy-No-Additional-Share-Issuances-Expected-Prior-to-Merger-Gives-Notice-to-Terminate-%24300-Million-Equity-Line-of-Credit] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "DevvStream has raised funding over 3 rounds. Its first funding round was on Sep 25, 2023." [https://tracxn.com/d/companies/devvstream/__nhqu-AKq9v7EnvoczGQ8j0W2E9YqGdjhDncXanV3q44] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "DevvStream has announced that it has secured access to up to $43 million in additional financing" [https://www.cohencm.com/news/devvstream-holdings-inc-announces-completion-of-business-combination-with-focus-impact-acquisition-corp-secures-up-to-us43m-of-additional-capital-to-execute-growth-plans] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "On September 13, 2023, DevvStream and Focus Impact (Nasdaq: FIAC) announced that they have entered into a definitive business combination agreement" [https://www.devvstream.com/news/news-releases/devvstream-and-focus-impact-acquisition-corp-announce-filing-of-registration-statement-on-form-s-4-in-connection-with-proposed-business-combination] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "FIAC received approval from its shareholders for the De-SPAC Transaction at a special meeting of FIAC shareholders held on September 13, 2024." [https://www.devvstream.com/news/news-releases/devvstream-holdings-inc-announces-receipt-of-court-approval-for-the-de-spac-transaction-and-provides-transaction-updates] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The combined entity will be renamed DevvStream Corp. Nasdaq at the market open on November 7, 2024." [https://www.devvstream.com/news/news-releases/devvstream-holdings-inc-announces-completion-of-business-combination-with-focus-impact-acquisition-corp-secures-up-to-us43m-of-additional-capital-to-execute-growth-plans] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "On November 6, 2024, DevvStream Holdings Inc." [https://focus-impact.com/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "XCF Global, DevvStream and Southern Energy plan to combine under an April 13, 2026 Business Combination Agreement." [https://www.stocktitan.net/sec-filings/DEVSF/defm14a-devv-stream-corp-merger-proxy-statement-4c44c993c5e1.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Market Cap: US$6.319m" [https://simplywall.st/stocks/us/commercial-services/otc-devs.f/devvstream/information] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Shares Outstanding: 35.07m" [https://simplywall.st/stocks/us/commercial-services/otc-devs.f/devvstream/information] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "raised $28 million in an oversubscribed Series B funding round" [https://www.linkedin.com/posts/devvstream_energytransition-carboncredits-devs-activity-7326594606593200128-knE_]

Source: https://www.devvstream.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

DevvStream is merging with Focus Impact Acquisition Corp. (FIAC) currently marked Closed (deSPAC).

Headline equity value—
PIPE≈ $2M · unsourced

Structure per SEC accession(s) 0001213900-26-084258. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is DevvStream going public?

DevvStream has an approved merger with the SPAC Focus Impact Acquisition Corp. (FIAC). Deal status: Closed (deSPAC).

Does DevvStream have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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